House prices unchanged but tenants miss rental payments: Surveyors – Irish Examiner

The prices of many homes are unchanged despite the huge economic uncertainty caused by Covid-19 but a significant number of tenants are struggling to pay their rents, according to a survey of estate agents.

The results of the survey by the Society of Chartered Surveyors Ireland of more than 260 estate agents also showed that activity has returned to levels before the onset of Covid-19 crisis earlier this year. 

“The figures reflect what agents have been saying on the ground since the reopening of property markets in early June,” said vice president of the surveyors’ group, TJ Cronin.

“Activity levels have been brisk due to pent-up demand, especially in the sales market. Confidence within the house purchasing market remains strong, especially among those who have been unaffected financially by Covid-19 or those that had finances in place,” he said. 

The survey found that most estate agents reported that the level

Continue reading this atricle at