Big Read: Trophy homes triumph due to high demand and short supply

Unaffected by the hikes in interest rates, cash buyers from here and abroad are snapping up large, turnkey houses in desirable areas

Mulberry, 27 Ailesbury Road, Ballsbridge, Dublin 4, achieved a sale price of €6 million

With interest rates rising and the tech sector experiencing a wave of redundancies, you might presume that Ireland’s high-end housing market is feeling the pinch. In fact it is in rude health, coming in on a par with 2022 in terms of transaction values.

According to the National Property Price Register, around 750 homes priced in excess of €1 million changed hands between January 1 and the end of July, on a par with the ...