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Another large crowd at The Connacht Property Auction 

A crowd of more than 100 people turned up to the latest Connacht Property Auction held last Thursday in The Menlo Park Hotel. In total there were 22 properties offered for sale from across Connacht including Clare, Galway, Mayo, and Leitrim.

Great selection on offer at The Connacht Property Auction 

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One of the key national residential property challenges in 2015 is the housing supply shortage which is particularly prevalent in the Dublin and Leinster regions and the cities of Cork, Galway, and Limerick, according to Claire Moran of The Connacht Property Auction. The housing supply shortage is putting disproportionate pressure on the residential rental market nationally, but is most prominent in the urban areas of Dublin, Cork, and Galway city and suburbs. The under-supply of new builds to meet demand is projected to continue throughout 2015 according to several reports, making now a better time for prospective purchasers to buy residential properties, according to Ms Moran. 

 

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