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Irish home price growth set to slip to 4% over next year

Projected fall set to follow sharp rise after worst of coronavirus pandemic, notes survey of estate agents

Irish home price growth is set to ease to 4 per cent over the next year, following a sharp spike in the wake of the worst of the Covid-19 pandemic, according to a Society of Chartered Surveyors of Ireland (SCSI) survey of 130 estate agents and valuers.

Still, respondents to the survey predict that prices will continue to be underpinned by ongoing supply shortages, even as households grapple with soaring general inflation, geopolitical uncertainty as a result of the Ukraine war and imminent interest rate hikes from the European Central Bank, according to the report.

Read the full details at Irish Times

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