Predicted Rise In Property Prices Will Increase Supply
It's expected a predicted 5% rise in property prices in the city and an 8% rise in the county will increase supply in the market.
Those who have been in negative equity, unable to trade up, are expected to take full advantage of the rising prices.
That's according to the Real Estate Alliance Group who say that because of the availability of the help-to-buy scheme for first time buyers it will be the second hand purchasers who will be most affected by the predicted property price increases.
Speaking to RedFM News Healy Hynes of REA says while a rise in property prices won't be welcomed by everyone it will increase supply:
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