Immigration remains the pressing issue for most of the Irish citizens for the second consecutive month and for the fourth time this year, according to a report in The Irish Times. The issue of immigration was closely following by the housing crisis in the country, as per the findings of the monthly poll conducted on … Read more
In a recent report from the Central Statistics Office (CSO), Ireland’s housing market exhibits robustness, marking a 2.3% year-over-year surge in prices. However, Dublin, home to a diverse population, including expatriates, experienced a slight dip of 0.6%. The CSO’s October figures reveal 4,604 houses sold, showcasing a noteworthy 7.2% uptick from the previous year. The … Read more
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
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
The most recent rental report from the real estate website Daft.ie 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
More than 11,600 people including almost 3,500 children were accessing emergency accommodation during the week leading up to Christmas, according to the latest homelessness figures. Experts who work with the homeless have called the figures, which are higher than the previous record total of 11,542 that was recorded in the final week of November 2022, … Read more
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
According to the latest statistics released by the government, 11,542 people are now officially considered homeless in Ireland, a new high. Official homeless statistics have now reached a record high for five months running, despite a temporary eviction ban that has been in place since November. The figures were released by the Department of Housing … Read more
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
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
The cost of average private rents increased by 84% in the nine years leading up to last year, according to new research from the Economic and Social Research Institute. The study found from 2012 to 2021, the average monthly rent increased from €589 to €1,084 per month. The analysis concluded that this has resulted in … Read more
According to the most recent Department of Housing data, the number of residential units under construction fell last month. In September, the Department received commencement notices for 2,211 units, a 31% decrease from the 3,203 commencements notified in the same month last year. There were 605 units started in Dublin local authority areas and 1,219 … Read more
The overall number of second-hand houses for sale has decreased by 26% since before the pandemic, according to new figures from real estate group Sherry Fitzgerald. According to the estimates, there were 15,300 houses for sale in July 2022, accounting for 0.8% of the country’s total housing stock. This is a decrease of 7,900 properties … Read more
The number of homeless people in Ireland hit record figures last month, with over 10,500 people accessing emergency accommodation. New figures released by the Department of Housing show that there were 10,568 people in emergency accommodation in July – an increase of 76 on the previous month. This is a slight increase compared to June, … Read more
As thousands of Ukrainian refugees will be moved from college campuses over the next several weeks, the Tánaiste stated that the government is investigating “all options” to find accommodation for them. Leo Varadkar said that the government is making every effort to accommodate Ukrainian refugees, with Ireland taking in about 1% of those who have … Read more