House prices in Ireland are unlikely to drop for at least another 10 years given the lack of supply of homes, an Oireachtas committee has been told. The Oireachtas housing committee heard that, at the current rates of housing delivery, it would be the late 2030s at least before supply would meet demand. However, he added that his “personal view” would be that if “demand is exceeding supply then you wouldn’t see prices going down”. “We fully support the housing growth requirements,” he said. Mr Cussen said:There is a little bit of a miss in relation to the social nature of things in planning requirements and technical requirements.

Source: Irish Examiner February 25, 2026 00:55 UTC