Claims House Prices Still Haven’t Reached Peak

A prominent estate agent in Clare believes that house prices have some way to go before they reach their peak.

New CSO figures which show a 10.5% increase in residential property prices in the Midwest in the year to the end of February.

Diarmuid McMahon of Sherry Fitzgerald McMahon believes growth in Clare has been driven by a catch up required after the Dublin market powered ahead in recent years.

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But he believes that a recent surge in planning applications is based on an expected price hike over the next two years