Over 40% of Munster estate agents expect increased supply by 2024

More than half expect house prices to cool by the end of next year
Over 40% of Munster estate agents expect increased supply by 2024

Of those surveyed, 22% see a cooling off by the end of this year, 55% anticipate it will happen by the end of next year, while 22% do not expect to see price growth cooling until after 2022. File Picture: Larry Cummins

Munster estate agents have forecast an improvement in housing supply in the short/medium term, as the Government’s Housing for All aim to build 330,000 new homes by 2030 begins to take root.

In a survey conducted as part of the Irish Examiner’s inaugural Property & Home Live event, which takes place online at 6.30pm tomorrow evening, 44% of estate agency respondents said they predict a pick up in supply within two to three years.

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