Houses selling in just three weeks as post-lockdown demand floods market

The return of in-person viewing and a lack of supply is causing a significant spike in prices in many parts of the country, according to the REA survey, which focuses on three-bed semi-detached homes. 

House prices in Limerick have surged by more than 10% in just three months, while the time taken to sell a new home in Waterford has halved in the same period.

New data issued by the Real Estate Alliance (REA) has shown startling increases in almost all markets, echoing the Celtic Tiger era in many cities and counties.