Property transactions plummet after Covid-19 restrictions - CSO

A 40% decline in property sales was reported by the CSO. 

House sales in Ireland plummeted by more than two-fifths for August 2020 compared to 2019 as the disruption caused by Covid-19 restrictions makes its impact in the latest Residential Property Price Index (RPPI) data released by the Central Statistics Office (CSO). 

The effect of movement restrictions due to the pandemic was visible in the reduced number of transactions in the property market according to the CSO leading to some volatility in the price index.