A report issued this week by the Society of Chartered Surveyors Ireland (SCSI) on the impact thus far of Covid-19 on the Irish property market shows little significant damage, despite predictions by some in April and May that autumn would give us the cheapest house prices in 10 years.
he headline findings were as follows: Two thirds of agents say values have remained unchanged compared to pre-Covid-19, 73pc said the level of enquiries had increased or remained the same and 63pc said viewings had either increased or remained the same. But one in 10 sales were renegotiated with an average price reduction of 3pc. Rents held up generally but 8pc are now not paying due to Covid-19.
But the property market is certainly not out of the woods when it comes to medium- to long-term Covid-19 fallout.
We can essentially say that this data covers the period of what many