We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.


The Explainer: How has the pandemic affected house prices in Ireland?

Economist Ronan Lyons explains on this week’s podcast.

HAS THE PANDEMIC affected house prices in Ireland?

That’s the question on a lot of people’s lips over the past few months. In March, the Daft report showed that house prices jumped by an average of €20,000 in the last 12 months as supply fell significantly.

And earlier this month, our reporter Órla Ryan spoke to first-time buyers about their experiences. One said he had seen a house sell for €120k more than its asking price. Other buyers spoke about the impact of Level 5 restrictions, which mean houses can’t be viewed until they go sale agreed. 

On this week’s podcast, we sat down with Ronan Lyons, an economist at Trinity College, and asked him our burning questions about house prices and the pandemic. How much have they gone up by? Is this like the Celtic Tiger? Should you buy a house right now – or wait? Here’s what he had to say.

Recommended reading:

The Explainer / SoundCloud

This episode was put together by presenter Sinéad O’Carroll, producers Aoife Barry and Nicky Ryan.

Note: Journal Media Ltd has shareholders in common with publisher Distilled Media Group.

Your Voice
Readers Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel