House prices jump a further 12.3% with double-digit inflation to stay

Reports from Daft.ie and Myhome.ie show no let-up for the squeezed housing market

Ireland’s squeezed housing market will continue to see double-digit percentage increases in prices until the middle of this year at least, with two new housing reports confirming further surges.

The surveys show no let-up in the market squeeze for homebuyers, with property website MyHome.ie reporting a 12.3% annual increase in asking prices and Daft.ie reporting an 8.4% jump.