17th December 2025
House Prices May Ebb and Flow but Remain Elevated – IPAV
Commenting on the latest CSO Residential Property Price Index for October published today, IPAV, the Institute of Professional Auctioneers & Valuers, said house price increases have been on an upward trajectory since Q3 of 2023, and only a meaningful increase in supply will arrest this trend.
Genevieve McGuirk, IPAV’s Chief Executive said: “Agents are concerned about the level and extent of the current house price upward cycle, and those with most experience know that the only real answer is a level of increase in stock that will bring supply much closer to meeting demand.”
She noted that within the overall figures some areas are seeing very high increases, areas such as the Midlands (15.1%); the South-West (9.6%) and the Mid-East and Mid-West (8.5%).
“Aspiring buyers are moving further out of urban areas to try and buy within their budgets,” she said. “As we all know this is neither good for buyers, nor the climate, if they are being forced to compromise with long commutes.”
She said it is in everyone’s interest that the Government succeeds with its new housing and infrastructure plans.
However, it may take a while longer before we see any meaningful change in the number of homes delivered from those plans, she said. “Meanwhile prices may ebb and flow somewhat but remain elevated, unless an economic shock arises.”
Ends