Donegal records lowest house prices in Ireland as national property costs rise 7.6%

Donegal records lowest house prices in Ireland as national property costs rise 7.6%

House prices in Ireland increased by 7.6 percent in the year to September, with Donegal remaining the most affordable county while Dún Laoghaire-Rathdown commands the highest prices, according to new figures from the Central Statistics Office (CSO). The annual increase represents a slight acceleration from the 7.5 percent rise recorded in the year to August, … Read more

Government unveils plan to build 300,000 homes by 2030 amid opposition criticism

Government unveils plan to build 300,000 homes by 2030 amid opposition criticism

The government has announced an ambitious new housing strategy aimed at delivering 300,000 homes in Ireland by 2030, including 72,000 social housing units, though the plan has drawn immediate criticism for failing to set annual targets. The ‘Delivering Homes, Building Communities’ plan was launched by Taoiseach Micheál Martin and Housing Minister James Brown, who described … Read more

Estate agents predict housing price stabilization despite continued inflation pressures

Estate agents predict housing price stabilization despite continued inflation pressures

A majority of Irish estate agents believe housing prices will soon level off despite expecting further increases of 5% over the next year, according to a new survey by the Society of Chartered Surveyors Ireland. The SCSI survey of 175 estate agents found that 60% believe prices are approaching a plateau, while an additional 16% … Read more

Bank of Ireland commits to financing 30,000 new homes across Ireland

Bank of Ireland commits to financing 30,000 new homes across Ireland

Bank of Ireland Group has increased its housing development financing target to 30,000 homes as the lender steps up efforts to address Ireland’s ongoing housing crisis. The bank is currently supporting the construction of more than 24,000 homes across all housing types on 220 sites in 22 counties, representing a significant increase from the 21,000 … Read more

Median home price in Ireland hits €362,500 as property market remains strong, CSO reports

Median home price in Ireland hits €362,500 as property market remains strong, CSO reports

Residential property prices in Ireland increased by 7.5 per cent in the year to March, slightly down from the 8 per cent rise recorded the previous month, according to new figures from the Central Statistics Office (CSO). The median price of a home purchased in the 12 months to March stood at €362,500. Dún Laoghaire-Rathdown … Read more

Rents surge past €2,000 nationwide for first time, marking one of sharpest rises in 20 years

Rents surge past €2,000 nationwide for first time, marking one of sharpest rises in 20 years

Average asking rents across Ireland rose by 3.4 per cent between January and March this year, surpassing €2,000 per month for the first time, according to the latest Daft.ie report. The average monthly rent now stands at €2,053—up from €765 in 2011 and 48 per cent higher than pre-Covid levels. Dublin remains the most expensive … Read more

Nearly one-third of Irish households struggling with housing costs, CSO reports

Nearly one-third of Irish households struggling with housing costs, CSO reports

Nearly a third of households are finding it difficult to afford housing expenses, according to latest data from the Central Statistics Office (CSO). The report revealed that 29.5 per cent of households experienced housing costs as a heavy financial burden in 2024. These costs include rent, mortgage payments, insurance, utility bills, and maintenance expenses. While … Read more

Tenants face €2,400 annual surcharge as Ires Reit plans new 'common area' fee

Tenants face €2,400 annual surcharge as Ires Reit plans new ‘common area’ fee

IRELAND’S LARGEST PRIVATE landlord is seeking to implement a €200 monthly surcharge for new tenants at one of its Dublin properties. Ires Reit plans to add the “common area” fee to monthly bills for prospective residents of The School Yard, a 61-apartment complex on North Circular Road in Drumcondra built in 2022. Despite the significant … Read more

Over 8,500 landlords in Ireland warned amid concerns over rent cap breaches

Over 8,500 landlords in Ireland warned amid concerns over rent cap breaches

Over 8,500 landlords in Ireland have been contacted by the regulator amid concerns they are charging rents above legal limits, Irish Independent reported. The Residential Tenancies Board (RTB) has emailed 8,652 landlords in recent months, highlighting potential breaches of rental cap rules. These landlords oversee more than 16,000 tenancies. RTB Director Rosemary Steen warned that … Read more

Housing crisis deepens as HAP properties remain scarce across Ireland

Housing crisis deepens as HAP properties remain scarce across Ireland

A new Simon Communities report reveals severe shortages in Housing Assistance Payment (HAP) accommodation across Ireland, with several major urban centers reporting zero available properties within HAP limits. The December 2023 “Locked Out of the Market” study found only 46 properties available within discretionary HAP rates across 16 surveyed areas, marking a modest 10% increase … Read more