Rise in home sales half of last year’s figure

THE number of auctioneers and valuers reporting a second quarter rise in sales after the traditional post-winter slump is less than half the same figure for last year.

Details provided by the Society of Chartered Surveyors Ireland (SCSI) — which includes the Irish Auctioneers and Valuers Institute (IAVI) — show agreed house sales rose 14% between April and June compared to the January to March period.

However, the growth is significantly lower than the 32% rise during the same period last year.