| Residential Markets Report Launched Today The new SCSI Special Covid-19 Residential Report presents key residential market findings from the post lockdown period. |
The SCSI carried out a report of over 260 chartered agents nationwide in order to measure the true impact of Covid-19 on activities across the property sector.
The report presents the true impact of Covid-19 on: Property sale appraisals & purchase enquiries Property viewings & bidding activity Renegotiations & failed transactions The rental sector The report finds the property market to be resilient in maintaining values and property activity in the post lockdown period. However, it is likely that much of this sustained activity could be due to pent-up demand resulting from lockdown. The research also indicates that the rental market has and will likely continue to face challenges as tenants struggle to meet their financial obligations.
Read the full report for key takeaways regarding estate agent use of technology, future predictions and the SCSI’s recommendation for speeding up the conveyancing process. Click to read the full report Report Launch Media Coverage The new report received significant media coverage across print, online & radio news sources today. The coverage commenced this morning with an interview of SCSI President TJ Cronin on Newstalk Breakfast Business. The report was also presented in Business Headlines on RTÉ’s Morning Ireland and across regional radio stations.
The report was covered by all major newspapers across both print and online form including The Irish Times, RTÉ, The Irish Examiner and The Irish Independent.
The contributions of SCSI chartered estate agents have provided valuable information to the public, property professionals and key decision makers. Through the contribution of SCSI members we will continue to provide key market data for all stakeholders. Thank you to all who contributed to this important research. Residential Markets Report on Newstalk SCSI Vice President TJ Cronin was interviewed about the report this morning by Gavin McLoughlin on Newstalk’s Breakfast Business Show. Click to listen back to the interview