The current housing market in Ireland is marked by several key trends and challenges. House prices in cities like Dublin, Cork, and Galway are still high due to strong demand driven by economic growth, job opportunities, and the presence of multinational corporations, especially in the tech and pharmaceutical sectors. This demand has kept prices rising, though at a more moderate pace compared to the post-COVID surge​.

While demand is lower in rural areas, there is growing interest in regions with scenic beauty or proximity to urban centres. However, price growth in these areas is more restrained due to limited job opportunities and infrastructure. The affordability gap is significant, especially in the Greater Dublin Area.

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