25/01/2017 – Daft
Searches for new homes in Limerick have increased by 91% in the week’s following the launch of the “Help-to-buy” scheme by the Government, according to Ireland’s No.1 Property website – Daft.ie.
The property website which has 2.21 million unique users each month recorded an increase of 91% in searches for new homes in Limerick when compared with the same period last year.
Commenting on the data; Martin Clancy from Daft.ie said: “The spike in searches was quite large and certainly points to an increased interest in new homes on the back of the launch of the “Help-to-buy” scheme for first-time buyers. The areas to attract the most interest in Limerick were Castletroy, Annacotty, Raheen, Rhebogue and Limerick City.”
“In Limerick City, prices between September and December 2016 were 7.6% higher than a year previously. The average house price is now €166,000, that’s an increase of 39.4% from the lowest point.”
Top 5 search locations for New Homes in Limerick:
- Limerick City
On average over 1,000 property searches occur on Daft.ie every minute.