Homebuyers are not waiting for promised interest rate cuts as they have finances in place and worry about further price rises, MyHome.ie survey found. Photograph: iStock
Close to two-thirds of the 2,233 people responding to the survey said they had finances in place to purchase a home but only one in five believes there are enough properties available on the market to allow them buy a home that suits their needs.Prime south Dublin sites with residential potential for €4.75m and €2.
“On the one hand, very few people believe that the next year will be a good time to buy and most are worried about the state of the market,” she said. “On the other hand, nearly two-thirds of respondents are financed and ready to go, and almost half of people won’t even wait for an interest-rate cut to buy.”
“Taoiseach Simon Harris has pledged to build 250,000 homes by 2030, but after a decade of insufficient construction activity, it is perhaps understandable that people are wary of the Government’s promise to deliver the amount of new homes we need to properly address our supply issues.
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