Home sales in Ireland plummeted in the second quarter of the year compared to the same period in 2024, according to data from Eurostat.
It was one of four EU countries that saw a fall in year-on-year house sales while overall EU home sales posted healthy growth of 10%.
The number of homes, including new builds, sold in Ireland fell by 10%, while sales also dropped in Malta by 6.2%, in Hungary by 5.7%, and in Finland by 5.6%.
Kate Everett-Allen, head of European Residential Research at Knight Frank, said: “Ireland’s 10% drop continues to reflect stretched affordability and persistent low levels of supply.”
There was a mixed picture
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