The latest increase in the price of a new house in Clare is said to be an indication of a housing market that “isn’t working”.
The latest quarterly report from Daft.ie shows that the average price of a new home in Clare has risen by 10% in the last year and by 4% since the end of 2024 to just over €269,000.
Central to this is the increase in “market heat”, which is a phenomenon where the selling price of a home is greater than the initial listing price, with that rate currently 7.1% across Munster.
Economist at Trinity College Dublin and author of the Daft.ie report, Ronan Lyons has been telling Clare FM’s Darragh O’Grady the Government needs to make more second hand homes available, but admits there is no quick fix to achieving this.
You can listen to the full interview here:
