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House prices due to fall sharply in wake of pandemic

House prices are likely to fall sharply over the next year, a leading think tank has predicted.

The Economic and Social Research Institute (ESRI) has warned that prices are set to plunge by 12pc by the end of next year, with the property market likely to be sluggish over the next year and a half.

Economic impacts from the virus will have a huge dampening effect on house prices, particularly the drop in household income and the surge in unemployment.

Read the full details in the Irish Independent

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey  Report, Property Survey Report,) Condition Survey, Commercial Survey or Land Survey, ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, or Land Surveyor) who has vast experience in their relevant field of Surveying.

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