Increasing demand for land expected to push rents harder than sale prices

Increasing demand is expected to push land prices up, but only by a relatively modest amount — and prices are unlikely to change in some parts of the country, such as the west and north.

That’s the 2015 verdict in the annual land market report compiled by the Society of Chartered Surveyors Ireland (SCSI), and agricultural economists at Teagasc.

The report includes a regional breakdown of sale and rental transactions for different land types, and the views on the state of the market from members of the SCSI, with a commentary from Teagasc economists on the current situation and the short term economic outlook in agriculture.