30 September 2025
House Prices – IPAV Calls For Covid Like Response In New Housing Plan
Commenting on the latest Daft.ie Property Price Report for Q3 2025 showing an average 5.9% annual increase, the Institute of Professional Auctioneers & Valuers, said while it is positive that today’s report is showing price inflation starting to ease, the scarcity of supply is still so large that it is difficult to see any meaningful movement in this direction.
Genevieve McGuirk, IPAV’s Chief Executive, said emerging data both in terms of investment, housing starts and permissions gives cause for concern.
“The easing of inflation may simply be the ebb and flow where prices in particular segments have run too high and aspiring buyers are taking a breath, especially with wider economic concerns,” she said.
While housing is the declared number one priority of the Government evidence of that is needed in the forthcoming budget and new housing plan, she said.
“In this regard measures must include an acceleration of National Development Plan infrastructure to deliver the 100,000 residential units currently zoned but not serviceable, and emergency planning rules to release small developments of up to 40 units while awaiting the appointment of Local Authority planning personnel where there is a huge deficit.”
Ms McGuirk said it is acknowledged that the public service showed exceptional levels of collaboration, inventiveness and organisational agility to deliver at scale during the response to the Covid crisis.
“That’s what we now need in housing,” she said.
“The Government and the public sector must be at one with real drive to deliver at a scale that we’ve not seen heretofore.”
Ends