The availability of property for sale on the market has taken a nosedive as a result of the Covid-19 emergency, with the number of houses for sale dropping significantly.
Between 15 and 28 March there were just 1,300 properties posted for sale across the country, according to property website daft.ie.
That represents half the total of the same period one year ago. "This is likely to continue as long as everyday life is suspended in Ireland, with consequences for the number of transactions that will take place in the second half of the year," said Ronan Lyons, economist at Trinity College Dublin. "The last few weeks have changed the prospects for the Irish housing market entirely, with the Covid-19 pandemic reaching Ireland and completely