Any person observing Killarney right now cannot avoid noticing a construction project is ongoing now on almost every street. While we are still in this lingering recession, the builders have collectively decided to press ahead with a lot of projects so that it almost appears as if there is a Killarney mini-boom. This is more an outcome of a spring season where inventory was short (because everyone slowed down new project development in 2016 rather than some massive economy improvement). The accelerated pace of this building is likely a surplus of new semi-detached product next spring, which may create a favourable buyers market.
Another interesting market update is from my real estate brokerage who comment on these inventory trends. After a glut of product during the recession, the new townhouse supply has really started to balance. It could be a good time to be producing townhouses again after three tough years.
Despite this less than great outlook, I have to get my semi detached built for the spring market, so we are forging ahead. Here are a few shots of the recent progress.
Here is the footing recovering nicely from getting snowed under. Amazingly the last of the slow to fruit raspberries and strawberries continued to ripen throughout the blizzard and remain delicious. We will see a bumper crop of Killarney houses growing through the 17-18 winter season, but this is surely the end of the fruit.