The latest SCSI Residential Market Monitor reveals continued upward pressure on house prices, driven by a persistent supply shortage and robust demand. National property prices rose by 8% year-on-year, and agents expect a further 5% increase in the next 12 months. Affordability remains a major challenge, with even dual-income public sector couples unable to purchase family homes in most counties. Meanwhile, 29% of property sales instructions now come from landlords exiting the market.
The report highlights emerging trends in energy efficiency, shifting buyer sentiment, and changing credit conditions. Based on real-time feedback from over 175 agents nationwide, this report provides essential insight into the challenges and opportunities in Ireland’s residential sector