Property momentum set to continue in 2016

A weak euro and and strong consumer activity should help

Dublin prices will pick up again as investors respond to attractive yields

2015 saw the Dublin and provincial housing markets moving in opposite directions. Dublin started out briskly, but price growth eased considerably during the year. In contrast, prices accelerated elsewhere.

Looking ahead, there will be further growth in prices and rents across all areas. Ireland needs around 25,000 additional houses each year. However, fewer than half of this number were built in 2015. Consequently, the market has tightened further, adding to inflationary pressures. This ...