Goodbody: Three years of housing supply exists

THREE years of housing supply exists, according to Goodbody stockbrokers, which predicts a two-speed market will eventually emerge.

Goodbody has challenged reports that there are 300,000 vacant houses in Ireland saying the number is closer to between 103,000 to 144,000.

Goodbody analyst Dermot O’Leary said the vacant houses “may not be in the right place”, with bigger oversupply issues in parts of the country.