Claims High Interest Rates Depleting Clare's Second Hand Housing Stock
It's claimed soaring mortgage interest rates are depleting Clare's second hand housing market. According to Daft.ie, the average price of a home here is now €256,174, representing an annual increase of 9%. Throughout Munster there were less than 2,850 houses for sale in March; the lowest amount on the market in seventeen years. Economist and Daft.ie Report Author Ronan Lyons has been telling Clare FM's Daragh Dolan the Government must particularly focus on boosting rental and social stocks to tackle the situation.