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"Too Early" To Fully Assess Impact Of Covid-19 On Property Market

The CSO recorded a 35% reduction in house purchases in April.

It remains too early to fully assess the impact of covid-19 on the property market, according to the Institute of Professional Auctioneers and Valuers. 

Figures from the CSO Residential Property Price Index for April show a 34.7% reduction in the number of house purchases on the previous month.

IPAV'S CEO Pat Davitt is attributing the decrease in part to a 44 day submission deadline to revenue for stamp duty returns. 

Viewings recommenced on June 8th but the Westmeath man says the true picture will be clear in the coming months:

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