Episode Details

Irelands housing market shows signs of cooling, with average house prices rising at the slowest pace in nearly three years. Listed prices climbed three point seven percent, while actual transaction prices rose five point six percent. The gap between asking prices and what buyers paid narrowed to five point eight percent nationwide. Supply of second-hand homes ticked up six percent, but its still less than half the pre-pandemic average. Dublin sees more homes on the market, easing buyer competition and slowing price growth, while rural areas face tighter supply and faster increases. Economists suggest Ireland needs to double new home builds each year to balance the market.

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