Data from the Central Statistics Office indicates that prices have jumped by 8.6 per cent across the State – and by more than that in Dublin. The median price of a property across the State is now €337,500, rising as high as €631,000 in Dún Laoghaire Rathdown.
Davy has already waved the white flag on its full-year forecast for a 7.5 per cent rise in prices across the whole of 2024. While housing supply tends to be skewed to the second half of the year, the market is unlikely to come anywhere close to the slowdown required to hit that target.Can anyone stop Google’s monopoly? AI just might
It said baldly that, even though many countries are experiencing housing crises, the shortage of housing in Ireland is on a different scale.
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