Frank Ryan: We’ll only be able to assess the market when the Covid-19 dust settles 

The prospects for Irish businesses — including property developers and traders — will only become clear in the coming months as we progress to the new normal, writes Frank Ryan

Workers from Deane Cladding and Roofing working on the exterior of the Dean Hotel, currently under construction beside Kent Railway Station, Cork City. Picture: Larry Cummins.

In normal times, the end of June is the ideal time for a mid-year review of the property market. An examination of the market data, in the various sectors relating to supply, demand, price, and viability will be essential. Also, the trend in prices and their analysis will give strong statistical suggestions of the future market in 2020.