19 November 2025
House Prices – Elevated Prices for the Foreseeable Future – IPAV
Commenting on the latest CSO Residential Property Price Index for September published today, IPAV, the Institute of Professional Auctioneers & Valuers, said with supply critically low in relation to demand and little optimism for immediate change, the likelihood is that prices will continue to be elevated for the foreseeable future.
Genevieve McGuirk, IPAV’s Chief Executive said: “That is not encouraging for buyers or renters, in fact for whole cohorts of society.”
She said while the Government’s new housing plan was welcome, and it does mark a more comprehensive response to the housing crisis, it would take some time for outcomes to emerge.
“And we have yet to see the manifestation of the promised emergency powers. These will be critical to unblocking the big impediments in planning and infrastructure,” she said.
She said IPAV members throughout the country are concerned about the unsustainability of continuing price increases, with affordability pressed to the limits and beyond for many.
In today’s property price index she noted the very high levels of increases in particular areas of the country with the Midlands up 13.3%; the Mid-West up 11.3% and the South-West up 10.1%.
“While some of these areas had much lower prices over several years many of them are now attracting buyers who have been priced out of Dublin in particular.
“It’s not good for home buyers or society that people are being forced into long commutes, even if working from home has eased the situation for some,” she said.
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