DNG Residential Market Review 2019 & Outlook for 2020

Paul Murgatroyd - DNG Estate Agents
Paul MurgatroydDirector of Research and Business Development

As we enter 2020 and a new decade, we do so by reporting data which reflects a reasonably stable property market.

House price inflation across the country has been largely static over the course of 2019, transaction numbers are similar to that of the preceding year, and new residential construction, while improving, is still behind all market estimations of what is required. However, this picture of a stable, steady market belies a myriad of issues that still exist in the Irish property marketplace, a serious homelessness problem, persistently rising rents, legacy negative equity difficulties, a growing affordability gap, and a prevailing shortage of new homes construction.

Paul Murgatroyd - DNG Estate Agents

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