Housing supply 'collapsing' across the country, as prices rise to €310,000 in Cork

Daft.ie said housing supply has 'collapsed' around the country. File picture: Eamonn Farrell/RollingNews.ie

House prices in Cork city have jumped 11% in the past year and are now just under €310,000, while supply has "collapsed" across the country.

That is according to Daft.ie’s House Price Report, which found that in the first three months of 2021, homes were 11% higher than a year previously, compared to a fall of 1% seen during the same period in 2020.