I think we’ll see price rises. The pattern is still price rises in properties below €300k and a stagnant market or price falls above that.
There’s a bit of panic about the 10% ftb vs 20% non ftb deposit but when you break it down the max difference in deposits is €22k which if prices are stable can be paid off a mortgage balance fairly quickly.
The rise in rental prices has stabilised a bit with the two year rules and increased understanding of Part 4 but it’s still tough out there as a renter and fairly attractive as an investor.
Finally anything built post 2006 is far more liveable long term then pre-2006. A newer two bed is fine with one young child.
I can only see prices rising as the housing shortage increases. There is nothing much being carried out in the building business, not enough profit for builders. The governments idea of giving large amounts of money to County councils to build houses will take about two years to get off the ground. Anyway, the Councils are really not interested in becoming builders. It will only be mostly social housing that councils will be involved in, not private housing. There is no solution to the housing business in the near future.