Housing supply 'largely concentrated' in Dublin as price growth moderates, new figures show

Ongoing shortages, particularly outside Dublin, continue to place pressure on buyers, Sherry FitzGerald says

Marian Finnegan, chief executive of Sherry FitzGerald: Ireland's 'supply challenge remains significant'.

House price growth moderated between April and June as supply showed signs of improving, however, the increasing supply of homes is “largely concentrated” in Dublin and the Mid-East region, leaving more acute shortages in regional markets, estate agent Sherry FitzGerald has said.

During the first quarter of this year, 7,856 new homes were delivered, an increase of 32.9% compared to last year, and the highest first-quarter total since 2011. However, planning permissions are slightly lower and commencement levels still below what is required to meet delivery targets.