DAVY VIEW

Ireland’s residential property prices grew 7.6% in September, and strong momentum is evident across house/apartment and different geographical areas. With three quarters of this year complete, we now expect a full-year increase of 7.5%, up from 7% previously. While household transaction volumes were very strong again in Q3 (up 16% on Q3 2024), new dwelling completions were less buoyant, up 4%; likely down to slower Q3 social housing delivery.