
That's according to the Society of Chartered Surveyors.
House prices are expected to rise by 6 per cent across the country over the next year.
The Society of Chartered Surveyors 'Residential Property Market Monitor' for July shows they'll likely go up by 7 per cent in Munster, Connacht and Ulster.
While estate agents believe the cost of a home will increase by 6 per cent in Leinster and 4 per cent in Dublin.
SCSI President, TJ Cronin thinks the pandemic is leading to higher prices outside the capital:
SCSI Residential Property Market Monitor shows surveyors expect national property prices to increase by an average of 6% over the next 12 months, with a majority of surveyors attributing price increases to a lack of housing supply.
— SCSI - Society of Chartered Surveyors Ireland (@SCSISurveyors) July 12, 2021
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80 per cent of estate agents say housing stock is at low levels and covid has deepened the housing supply crisis.
TJ Cronin says house prices will go up more in regions outside Dublin over the next 12 months
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