House price inflation in Dublin predicted to hit 5% this year - DNG’s Keith Lowe
In an exclusive interview, the head of the real estate agency spoke about constrained supply, Ryanair’s estate and Sinn Féin’s housing plans
Estate agency DNG has revised its property inflation forecasts for 2024, predicting house prices will now rise up to five-times faster in Dublin than previously expected.
Keith Lowe, chief executive of DNG, said the agency previously forecast property prices would increase by around 1 per cent higher in Dublin this year, and 4 per cent outside the capital.
“I think prices this year in Dublin are definitely going to be up 4 per cent or 5 per cent,” Lowe told the Business Post. “Outside Dublin, it's probably going to be 6 per cent or 7 per cent. That's a good deal higher than where we thought it was going to be.”
