Year in review: High-end residential housing demand as strong as ever

The year has seen much international interest, with buyers from Hong Kong and Saudi Arabia vying for asset homes alongside returning ex-pats and tech professionals

Kilmore Palace in Cavan was one of many high-quality country properties on Colliers’ books this year. Demand for such residences grew significantly in 2021, with interest from all corners of the world

Much has been written in the past year about the surge in Irish house price inflation which, as of September, stood at 12.4 per cent annually with stronger growth in regional locations.

There are several possible reasons, including low supply, lockdown-related delays in the delivery of new homes and increased savings which are allowing people to spend more. There are also societal and structural factors, including most notably increased flexibility to work remotely which has ...