Conall MacCoille
speaker
222 appearances
3 recordings
2 series
first heard Oct 2025
last heard 5 Jun
Conall MacCoille’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 1.
Appearances
So about 40% of properties sold about 10% over the asking price.
About 1 in 6, 1 in 7 sold over 20% over the asking price.
So that's not a good place to be.
If you're a home buyer, you're kind of guessing, you see the asking price, you're sort of saying to yourself, will it finally settle 10% over that number?
So if it's, say, listed for 400,000, is it going to be 450,000, maybe 500,000?
So that shows that asking prices are a poor guide to affordability for homebuyers.
It adds to the time and effort they have to spend buying a home.
And that's what we mean by this opaqueness.
And it's probably hurting liquidity.
It's a very difficult housing market.
Well, we already have the property price register, so that was a very welcome improvement in terms of transparency for the housing market.
You don't need to rely on anyone to tell you what properties are selling for in the local area.
You can check it yourself.
So I think what we're trying to argue in this report is that we have these new online bidding platforms where the entire bidding process is online.
You log in, you can see the entire bidding history.
If there's a new bid, you're notified of that immediately.
So it takes a lot of the uncertainty out of the process.
And as well as that, I think it guards against the risks that people just waste their time looking at properties they can't ultimately afford.
I think where we need to eventually get to with these online bidding platforms, which are, I think, going to eventually take over, will be increasingly used and be the way that properties are sold.
Ideally, if you see a property, you think, will you be able to afford it or not?
Showing 61–80 of 222 · page 4 of 12
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