New home searches surge by 130%

Searches for new homes surged following the announcement by the Government of the first-time buyers help-to-buy scheme.

Daft has over 2.21 million unique users each month and we recorded an increase of 130% in searches for new homes when compared with the average daily searches for new homes in 2016.

Interest in new homes was greatest in the Dublin area, along with the Dublin commuter counties, followed by Cork, Galway, Limerick and Waterford cities.

Areas with the most searches:

1. Lucan

2. Swords

3. Clonsilla

Outside the Dublin area:

1. Greystones

2. Ashbourne

3. Maynooth

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 announcement by the Government.”

On average over 1,000 property searches occur on Daft.ie every minute.