Ask the experts: In what locations do you expect to see most capital value growth?
All locations in the greater Dublin area, but in particular in prime residential locations close to good public transport, schools, shopping and within easy reach of the city centre and all locations along the Dart or Luas lines. We expect significant capital growth in properties priced up to €500,000 - aided particularly by the relaxation of the Central Bank rules and also the fact that the supply/demand imbalance is greater at this price level.
Marian McQuillan is the CEO of Quillsen, formerly Gunne Estate Agents, and was formerly a director of Purcell McQuillan Tax Partners.
I anticipate that Limerick will see a year of strong capital-value growth akin to what has already occurred in the other regional centres. With regard to the Dublin market, I expect to see an uplift in capital-value growth in locations such as Dundrum, Ballinteer, Clontarf, Sutton, Drumcondra and Dublin 1 & 2. Houses and apartments on the Dart and Luas lines will see the greatest growth in value.
Michael Grehan s the managing director of the Sherry FitzGerald estate agency group, which has a 66-branch-strong network including franchises. He has more than 27 years' experience in the sector.
We might yet be surprised to see new areas that have yet to be developed to offer the best opportunities - areas where transport links have been improved. This has been evident in towns around Kildare recently, since the Phoenix Park tunnel opened.
Claire Solon is president of the Society of Chartered Surveyors Ireland, with 5,000 members in the property sector, and head of property at Friends First, where she manages €500m of property assets.
Areas that will be serviced by the new Luas Cross City Line and in particular in the suburbs surrounding the north city such as Phibsborough and Grangegorman, and suburbs heading out to Cabra and Broombridge. Entry-level- priced properties such as apartments in the city centre are also likely to perform well, as are properties located in the west and the north fringe of Dublin, where recovery has not been as strong as some other areas and where their prices still sit below their replacement value. Apartment prices are likely to perform well in 2017.
Keith Lowe is CEO of Douglas Newman Good, which has 75 offices throughout the country. He has 32 years' experience in the sector, having joined the firm in 1984.
I'm expecting rises in the outer commuter belts and Galway City. I'm not expecting the rest to rise greatly and there may even be a decline in some areas.
Pat Davitt is the CEO of the Institute of Professional Auctioneers and Valuers (IPAV). Pat has more than 34 years' experience in the sector, spending much of it running a family-based auctioneering firm in Mullingar.