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 –

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 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:

  1. Castletroy
  2. Annacotty
  3. Raheen
  4. Rhebogue
  5. Limerick City

On average over 1,000 property searches occur on every minute.