What our experts say: Mark Keenan, property editor
Published 19/01/2014 | 02:30
At the same time, we will see sharp price rises in double percentage digits occurring in Galway and in Cork city as these population centres run up against the same supply issues being experienced in the capital.
While more repossessed property is expected to land on the market this year, it is unlikely to impact adversely on prices in the major population centres where each property that comes to market is likely to find a buyer within four weeks.
Meanwhile, those remoter locations where property prices had been falling, are now likely to see consolidation, helped by English-based buyers who are purchasing more than one in 10 properties in these locations.