Irish property inflation to cool to 4% this year but outpace EU counterparts

New ESRI research also shows that Irish people are predominantly living in housing that is too big for their needs

The report recommended the construction of more apartments to combat Ireland’s significant under-occupation of our housing stock. Picture: Getty

Irish house prices are expected rise 4 per cent on an annual basis by the end of 2024, according to a new report by the Economic and Social Research Institute (ESRI).

This places us above most of our European peers in the report, with it stating that it was “clear” that Irish house price expectations are “at the upper end of the cross-country distribution” of European nations.

However, it is a significant dampening in house ...