Plans for €300 million apartment scheme in south Dublin to be lodged with City Council

Ardstone is set to submit plans for a new €300 million apartment scheme near Milltown in Dublin months after An Bord Pleanála conceded a High Court challenge against a previous permitted scheme for the site. A Large Scale Residential Scheme (LRD) application for a 636 unit scheme will be submitted to Dublin City Council in … Read more

Fifty homes available to buy under affordable housing scheme in Dublin seaside town

Under Dublin’s affordable housing programme, more than 50 brand-new homes are available for less than €300,000. The homes in Hayestown, Rush, range in size from two to three bedrooms. A 2-bedroom mid-terrace property with qualified applicants starts at €228,000; a 3-bedroom mid-terrace house starts at €284,500; and a 3-bedroom semi-detached house starts at €299,500. The … Read more

Indian-owned four-bedroom house for sale in Kildare

House with four bedrooms for sale in Liffey Hall, Newbridge, County Kildare: 12 The Crescent. Three bathrooms are included in this 135 square metre home, which is owned by a Malaysian. Two reception rooms, a sizable kitchen, a dining space, and a corner site garden are all included. Wooden floors and built-in wardrobes are features … Read more

Rents rise 1% in first three months of 2023

According to a survey from real estate website Daft, market rents increased by an average of 1% in the first quarter of 2023 compared to the final three months of 2022, which is the smallest increase since 2020. Between January and March, the average market rent countrywide was €1,750 per month, up from €1,387 in … Read more

Grants to renovate unoccupied homes set to be increased

The Minister for Housing, Darragh O’brien, will present plans to Cabinet on Tuesday that call for increasing grants for renovating unoccupied homes. This action, which will be paid for from the current housing budget, aims to address the growing cost of construction supplies. Property owners are currently eligible for a subsidy of €30,000 to renovate … Read more

10,263 social homes delivered in 2022 with 43% increase in new-build social homes

The Minister for Housing, Local Government and Heritage, Darragh O’Brien, has emphasised that the level of social and affordable housing will continue to grow as he published data for social and affordable homes delivered in Q4 2022 and 2022 overall. The Minister pointed to a strong pipeline with over 19,000 social homes either onsite or … Read more

Over €410 million in social protection measures as part of government cost of living supports

The Minister for Social Protection, Heather Humphreys, has announced details of a €410 million social welfare package to support families, pensioners, carers and people with disabilities. The measures announced in addition to the €2.2 billion of supports in Budget 2023, underlines the government’s continued commitment to address the increased cost of living being experienced by … Read more

Irish house price growth continues to slow – CSO

In the twelve months leading up to December 2022, residential property prices climbed by 7.8%, according to the most recent data from the Central Statistics Office. 5,213 household purchases of homes at market rates were reported to Revenue in December, an increase of 0.8% from the same month in 2021. Overall, the median price of … Read more

Market rents rise 13.7% amid ‘chronic’ supply shortage – report

The most recent rental report from the real estate website reveals that rents being sought on the open market in the last three months of 2022 were 13.7% higher than those during the same time last year. The average rent was 126% higher at €1,733 per month at the end of 2022 compared to … Read more

Govt approves ‘fully-funded’ scheme to repair defective apartments, duplexes

The Minister for Housing, Local Government and Heritage, Darragh O’Brien, has received government approval to draft legislation to support the remediation of apartments and duplexes with fire safety, structural safety and water ingress defects, constructed between 1991 and 2013. The legislation will provide a statutory basis for the establishment of a remediation scheme aimed at … Read more

Approval sought for €2.5bn scheme to repair apartments

Minister for Housing Darragh O’Brien will seek Cabinet approval today to draw up a scheme that would provide financial support to repair apartments with building defects. There are an estimated 100,000 such apartments in the country.  The plan is anticipated to create support for the repair of structural issues, water intrusion, and fire safety issues … Read more

Only 41 properties available to rent accessing HAP last month,survey

Only 41 properties were available to rent under the Housing Assistance Payment (HAP) scheme in the previous month, according to a new survey from Simon Communities. The HAP scheme is a monthly payment from the State to assist lower-income households. The Simon Communities Locked Out of the Market’s December report, which looks at 16 different … Read more

Property price growth eases to 15-month low

Following a peak of over 15% earlier this year, annual property price growth slowed to a 15-month low of 9.8% in October, according to new data. The Central Statistics Office (CSO) data showed that property prices increased 0.4% from the previous month in October, which was a six-month low. When compared to the previous year, … Read more

House prices could fall by 12% if more homes built – ESRI

A new paper from the Economic and Social Research Institute (ESRI) suggests that if housing output increases by 10,000 units annually, house prices could decrease by as much as 12%.  The study also discovered that rising output would not necessarily result in notable wage inflation in the construction industry. The government should include construction trades like … Read more