House prices in Cork and Limerick up 9% in just three months

A new report has warned that the number of properties available to buy on the market is the lowest such figure in over 14 years. Picture: Sam Boal

A report has warned that the number of properties available to buy on the market at the start of this month is down almost one-third in a year and is the lowest such figure in over 14 years.

The latest Daft.ie House Price Report, published today, indicates that a fall in supply pushed home prices up by almost 5% in the third quarter of the year and also said the collapse in property listings in April and May has translated into a fall in stock. This has resulted in the lowest nine-month total since the start of 2015.