House prices in Cork are on the rise

The property market in Cork is hotting up That's according to the findings of a new survey which shows that Cork is coming out of a five year depression in the housing market and house prices are reflecting this... The average cost of a three bedroom semi detached house now stands at 175,000 euro and auctioneers says properties are selling in record times with deals being closed as quickly as four weeks... Auctioneers across Cork say at this stage they're even seeing a shortage of supply of starter homes... Stephen Clarke of R.E.A O'Donoghue and Clarke auctioneers told RedFM News that the cash buyer has returned to the Cork market. Press PLAY button above to listen to the audio

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