Signs of property recovery in Cork

A REDUCTION in the oversupply in housing points to a mild property recovery in Cork and certain parts of Dublin, according to a report by estate agents Savills.

The report notes very little oversupply exists in Dublin south city, Swords and Naas, Co Kildare.

Ronan O’Driscoll of Savills said misinformation in the property market will slow down growth and recovery.