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Claims Clare Housing Market In ‘Favourable Position’ Despite High Vacancy Rate

A new report shows that Clare’s rate of vacant residential properties is significantly higher than the national average.

Clare’s vacancy rate currently sits at 6.4%, considerable higher than the national 4.6% according to the latest GeoView Residential Buildings Report.

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The number of residential properties under construction in Clare in 2020 was lower than usual, due to the COVID-19 pandemic.

GeoDirectory CEO Dara Keogh says the ideal rate of vacancy in a county is somewhere between 5 and 7 per cent, and the current rate here may allow the market to grow.

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