Searches For Homes in Cork Increase By 107%
Searches for new homes across Cork increased by 107% - following the launch of the "Help to buy" scheme by the Government.
That's according to Daft.ie who say the areas that attracted most interest Leeside were Glanmire, Ballincollig, Kinsale, Blackrock and Douglas.
The "Help to buy" scheme was launched in January giving first time buyers of new homes a five percent tax rebate to help them save for a deposit, up to a maximum of €20,000.
Between September and December last year, house prices in Cork were 9.2% higher than 2015, with the average house costing €248,000.
Speaking to RedFM News Martin Clancy from Daft.ie says the spike in searches points to an increased interest in new homes in Cork:
More from Cork
-
Lord Mayor Of City Felt Privileged To Represent Cork During Such A Difficult Time As He Faces Into Last Month In Office
Councillor Joe Kavanagh will be handing over the mayoral chains outside of City Hall for the first time ever on June 18th due to the pandemic
-
Expert calls for people to reduce meat intake
Eating too much meat can increase the risk of serious illnesses by as much as 30%.
-
International Care Day Is Being Celebrated At The Bessborough Centre In Blackrock Today
The event highlights the positive impact of the experience of young people in care
-
UPDATE: Teenage Girl Killed And Three Teenage Boys Injured In Knocknaheeny Crash
It's understood the teenage driver of the car fled the scene on foot
-
Angry Farmers To Stage Protest Outside Aldi in Mitchelstown Later
They're appealing to retailers to come to the talks table
-
UPDATE: Toddler Who Was Injured At Her Home On The Boreenmanna Road Has Died
The two year-old was rushed to hospital with traumatic head injuries