This report provides an overview of the key developments in the Irish residential market over the opening nine months of 2022. Included in this issue of the report is a special in focus piece on the Irish mortgage market, as we witness the first interest rate increases in 11 years.
The Irish residential market continues to perform robustly through the third quarter of the year, though there has been some moderation in the pace of price inflation in the second-hand market. The imbedded imbalance between supply and demand continues to underpin the market, but there are undoubtedly challenges ahead.
