A recent report indicates a growing disparity in the Irish housing market, with Dublin experiencing robust activity while other counties face stagnation. The analysis, dubbed a “two-speed” market, highlights a significant urban-rural divide in housing trends. A primary driver of this imbalance is a limited supply of existing homes being put up for sale outside of Dublin. This scarcity of second-hand properties is hindering market movement in many counties. The report suggests this lack of supply is a key factor preventing broader national housing recovery. Experts believe addressing this issue is crucial for achieving a more balanced and equitable housing landscape across Ireland. The findings underscore the need for targeted policies to stimulate the second-hand housing market in rural areas.
