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Cork

Average price of a home in Cork City now €354,000

Kellie Murphy
Kellie Murphy

01:38 19 Dec 2024


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Incoming TDs are being told they need to treat the housing situation as a crisis and act accordingly.

CSO figures show the average price for a home in Dublin now stands at over 600-thousand euro, 12 times the average full-time salary.

The average price of a home in Cork City is €354,000, 33% above the level seen at the start of the covid-19 pandemic.

Carol Tallan from Property District, says blockages in planning need to be removed and modern methods of construction embraced:

"We are in a crisis, and incoming politicians need to understand that they are now in crisis management, if they lobbied for re-election or newly election on the basis that they believe this is a crisis, then they need to act accordingly."

 


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