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Property prices rebound in May in biggest monthly rise since 2015

Property prices staged a minor rebound in May having fallen sharply the previous month, while the stock of rental properties available in the month continued to rise as the Covid-19 crisis all but shut off the tourism tap.

The latest data from property website Daft.ie showed that sale prices rose by an average of 3.7 per cent in May, in contrast to a 5.5 per cent fall in April. However, the average listed sales price of homes was still 1.6 per cent lower than a year ago, coming in at €245,545.

Read the full details in the Irish Times

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