Housing in Clare – what happens to prices as demand grows?

A new analysis of the home building market here has found that up to 36,000 new homes will be required each year to meet demand over the next two decades.

This year the number of new homes built is expected to fall as low as 17,000 due to the Covid-19 pandemic.

But, what does this mean locally? On top of demand outweighing supply, the pandemic has also led to more people relocating to Clare permanently. Will prices continue to skyrocket unless demand is met?

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On Thursday’s Morning Focus, Gavin Grace speaks to James Benson, Director of The Irish Home Builders Association (IHBA)and Diarmuid McMahon from Sherry Fitzgerald McMahon Auctioneers.