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

Average house price in Ireland now €311,514 – Daft report

According to Daft. ie most recent sales report, housing prices were largely stable between June and September. In the third quarter of this year, the average national listed price was €311,514. That is a 0.1% gain over the second quarter’s average and a 16% decline from the Celtic Tiger peak. The lowest average price was in … Read more

House prices report: How much salary you need to buy a house in Ireland?

The cost of owning a home in Ireland is quickly on the rise alongside the cost of the necessities. The latest report found that nationally, housing prices rose 5.3 percent in the second quarter of 2022, 3.4% in Dublin, and 6.1% elsewhere around the country. According to a new report published by property website MyHome, … Read more

House prices in Ireland rise by average of 9.5% in a year

House prices in Ireland have risen by an average of 9.5 percent over the last year, according to a report by a property website. The latest sales report from Daft. ie shows that prices increased 3.8 percent on average between March and June, the largest three-month gain in almost two years. The report also showed … Read more