Property prices explode as demand surges for Waterford seaside properties

Dunmore East has seen the prices of some homes jump 40%

In addition to holiday home buyers estate agents have been selling returning locals, some UK buyers, retirees and people moving out of cities.

Property prices in the picturesque seaside village of Dunmore East on the south east coast have gone “through the roof” this summer.

That’s according to Keith Palmer of Palmer auctioneers who estimates that prices in some cases have gone up 40% on last year — with much of the price pressure being caused by an increased demand for holiday homes