02/01/2013

Government Advised To Plan For New Housing Builds

Following encouraging signs the property prices have stopped falling the government has been advised to start planning for the building of new homes.

According to a report published by Daft.ie property prices in Dublin and other urban areas have stabilised.

Currently Dublin has fewer properties for sale than at any point since February 2007, when the market first started crashing.

Stable prices and emerging shortages of family-type homes in Dublin, its suburban surroundings, and other populous areas, mean now is the time to plan for constructing homes again, the report says.

(H/GK)




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