According to The Irish Times today the residential property market is slowing down.
I think this is too premature to ascertain as the last few months of any property market things slow down
- It’s winter and Christmas time
- People at this stage say they will wait until the new year to buy and sell
- Most of the banks exemptions have been used up
- The banks have more or less hit their lending requirements for the year and there are less mortgage approvals and applications.
So please don’t read too much into this as yet as it is too soon to say either way. We have been very busy here in our offices with the sake of houses and apartments and they are all getting great money