*Irish homes now selling for 52% more than pre-Covid levels, says Daft report*
The Republic’s housing shortage will drag into this year as home building continues to lag demand, one expert predicts.
Most estimates of the number of new houses built in the State in 2025 run to about 30,000, which is about half the 60,000-70,000 that are needed. Construction is likely to increase in 2026 but there is little hope of reaching 60,000-70,000 this year, Ronan Lyons, professor in economics at Trinity College Dublin has said.
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