Searches for new homes in Waterford have increased by 117% in the week's following the launch of the "Help-to-buy" scheme by the Government, according to Ireland’s No.1 Property website – Daft.ie.
The property website which has 2.21 million unique users each month recorded an increase of 117% in searches for new homes in Waterford when compared with the same period last year.
Commenting on the data; Martin Clancy from Daft.ie said: “The spike in searches was quite large and certainly points to an increased interest in new homes on the back of the launch of the "Help-to-buy" scheme for first-time buyers. The areas to attract the most interest in Waterford were Waterford City, Dungarvan, Tramore, Ballyduff and Portlaw.”
"In Waterford City, prices between September and December 2016 were 16.4% higher than a year previously. The average house price is now €148,000, that's an increase of 41.5% from the lowest point."
Top 5 search locations for New Homes in Waterford:
Waterford City; Dungarvan; Tramore; Ballyduff; Portlaw
On average over 1,000 property searches occur on http://www.daft.ie every minute.