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Irish people believe now is a good time to buy a house

Over half of Irish people questioned in a global study said they believe now is a good time to buy.

Image: buying house via Shutterstock

THE MAJORITY OF people in Ireland believe now is a good time to buy.

That’s according to a global study conducted by Ipsos.

The study shows the attitudes to the property market across 26 countries.

Ireland is one of only four countries surveyed where the majority believe that now is a good time to buy.

The other three countries are Russia, India and Indonesia.

Ipsos MRBI

Confidence

Ireland also showed increased confidence in its most recent consumer confidence monitor.

1,000 people were asked about their expectations for employment levels and the economy in the year ahead.

Ipsos says this has proven to be a reliable barometer of consumer confidence.

The Ipsos MRBI Consumer Confidence Monitor is now at the highest point it has been in 10 years.

Ipsos

However fewer than 1 in 3 Irish people think that now is a good time to invest in the stock market, we ranked 13th in terms of positivity about the stock market.

The global study was conducted by Ipsos amongst 20,000 respondents, including 500 in Ireland.

Read: New funding to boost house construction but Dublin city to see budget slashed>

Read: Irish mortgage arrears tracked by Fitch are higher than ever>

Read: Enda Kenny on property: I promise you there is no going back to the past>

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