Number of homes for sale now at lowest level in over a decade

The number of homes available for sale is now at its lowest level in more than a decade.

New figures show that second-hand properties listed for sale in January this year were down 24% on the same month last year.

“There were more properties for sale in Munster in 2010 than in the entire country today. Supply levels have fallen by 70% per cent since the start of the decade,” Sherry FitzGerald managing director Marian Finnegan said.

“This exacerbation in supply levels is maintaining upward pressure on prices,” Ms Finnegan added.

Read full article: IrishTimes.com