Clare auctioneers say house prices here will remain high, and supply is likely to remain low, over the coming months.
While many peoples’ finances have been impacted by the pandemic, others have been able to put more aside each month while shops, pubs and restaurants were shut and working from home became the norm.
An additional 1.7 billion euro was put into savings accounts in October, following news of record mortgage approvals, driven by first time buyers.
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Diarmuid McMahon, of Sherry Fitzgerald McMahon Auctioneers, believes there is a limit, however, on just how high prices can grow.
