Searches for new homes in Dublin have surged

SEARCHES for new homes in Dublin have surged since the new first-time buyers scheme was announced – and six of the top 10 locations searched for are on the Northside.

The help-to-buy scheme that was announced in the budget earlier this month and modified last week could be worth up to €20,000 to first time buyers when it comes into effect.

The property website recorded an increase of 98 per cent in searches for new homes in the city when compared with the average daily search…es for new homes in 2016.

The most searched for Northside areas are Swords, Clonsilla, Balbriggan, Castleknock, Clontarf and Malahide.

In Dublin, house prices between July and September 2016 were five per cent higher than a year previously, compared to a rise of two per cent a year ago

The average house price is now €323,000, 46 per cent above its lowest point.

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