The strong increases in housing prices are related, once again, to very tight supply
House prices in the second quarter of 2025 were 10.1% higher than the year previous in County Clare, according to the Daft.ie House Price Q2 2025 Report.
Along with this, it was also confirmed that the average price of a home in the county is now €277,365- 48% above the level seen at the start of the Covid-19 pandemic.
Nationally, housing prices rose by an average of 3% during the second quarter of 2025, according to the latest House Price Report released by Daft.ie.
The typical price that was listed nationwide in the second quarter of the year is €357,851- this is 12.3% higher than a year previous and 40% higher than at the onset of the Covid-19 pandemic.
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The current rate of inflation in the market is also the highest seen in the ten years since mortgage market rules were introduced. The surge in inflation is relatively broadly based, with the Dublin figure (12.3%) in line with the average for the rest of the country.
The strong increases in housing prices are related, once again, to very tight supply. The number of second-hand homes available to buy nationwide on June 1 stood at close to 12,100. This is largely unchanged from the figure a year ago and less than half the pre-Covid average of almost 25,000.
Commenting on the report, its author Ronan Lyons, economist at Trinity College Dublin, said: “The fastest increase in housing prices since mortgage market rules were introduced a decade ago highlights the importance of addressing Ireland’s chronic and worsening housing shortage. The substantial increases over the past year in almost all parts of the country are linked to the lack of second-hand supply. This in turn is related to the increase in interest rates earlier in the decade.
"As interest rates come down and mortgage-holders come off their fixed rate terms, the picture for second-hand supply will improve. There are already some tentative signs in Dublin of an increase in second-hand supply. Nonetheless, the second-hand market is only part of the solution. Ultimately, policymakers have to address their failure to recognise and provide the framework for enough new homes each year," he concluded.
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