The Economic and Social Research Institute (ESRI) reports that Irish property prices are overvalued by 8% to 10%. Despite a significant rise in prices over the past year, the ESRI warns of potential vulnerabilities tied to mortgage debt and the possible economic impacts of tariffs under a future Donald Trump administration. The organization forecasts continued economic growth, with predictions of a 3.2% growth this year and 4% next year, alongside rising real wages and a progressive Budget 2025.