Less than 50% of mortgaged homeowners relocated last year.
A new MyHome.ie report, warns that Ireland’s housing market is suffering from poor liquidity, with far fewer people moving home compared to England.
Just 0.4% of homeowners with a mortgage moved house last year, less than half the UK rate.
The report also calls for full transparency in online bidding portals to protect buyers from inaccurate asking prices.
Offaly Auctioneer John Leahy says that system is more important for cities:
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