Lack of options drives up secondhand stock

CRISIS? What crisis? Housebuyers are ignoring warnings of a price shock to the Irish house market, and are voting with their cheque books.

The shortage of quality trading-up options in the Cork market is driving up values of secondhand stock with low interest rates keeping the show on the road.

And, the buying confidence isn't just in the city market, it is also seen in prime country locations too.