Friday, 26th May 2017
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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.

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