Irish New Homes Market Sees Moderating Price Growth Amid Strong Demand
What happened
Knight Frank reported that the new homes market in Ireland is experiencing strong demand, supported by economic growth and favorable demographics. Housing completions rose 10.8 per cent in the first half of 2026, reaching 16,679 units. The rate of new homes price growth has moderated to 6 per cent in the second half of 2026, down from 6.4 per cent in the first quarter.
From irishtimes.com
Why it matters
The moderation in price growth is attributed to increasing supply, which is beginning to impact price levels in both the new homes and second-hand markets. First-time buyers continue to lead activity, and the market is expected to deliver a similar volume of units in 2026 as it did in 2025.
From irishtimes.com
Who's involved
- Knight FrankProperty consultancy firm monitoring market activity in Ireland
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The entities involved
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Ireland
sovereign state in Northwestern Europe
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Knight Frank
London based residential and commercial property consultancy firm
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