'Grim picture for homebuyers' as property prices inflated 9.7% in a year

Angela Keegan, managing director of MyHome.ie, said supply was far too low to accommodate soaring demand for housing. Picture: Andrew Matthews/PA Wire

The latest report from property website MyHome.ie paints a “grim picture for homebuyers”, as asking prices have inflated by 9.7% nationally in the past year.

The Q4 2021 report, in association with Davy, found prices rose by 7.4% in Dublin and by 10.6% elsewhere around the country.