SECOND-HAND house prices increased this year by more than five per cent, according to Ireland's largest estate agent.
Sherry FitzGerald has said there was a notable slowdown on the growth of 9.6 per cent in 2021.
However, this is believed to have been due to the housing market bouncing back from the effects of Covid-19 restrictions.
The estate agency said it was concerned at a 43% slump in planning permissions granted in the third quarter. It described the drop on the same period in 2021 as a "worrying trend".
MD Marian Finnegan, said: "After two turbulent years, hopes were high that 2022 would see a return to normality. Unfortunately, it was not to be."

House price increases slow to 5%

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.