Estate agent Sherry FitzGerald said that despite the profound economic impact presented by Covid-19, property values in the Irish second-hand homes market remained robust, with prices seeing a moderate increase over the course of 2020.
Sherry FitzGerald said the average value of second-hand homes in Ireland increased by 0.6% in the fourth quarter of 2020. This brought total growth for 2020 to 1.2%, exceeding the growth of 0.2% recorded for 2019.
Dublin second-hand property prices increased by 0.4% in the final quarter - the strongest quarterly growth in two and a half years.
Average values in Dublin grew by a cumulative 0.5% for the full year, with price growth returning following a 0.8% decline in 2019.