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 Central Bank is scheduled to announce revisions to the mortgage lending rules on Wednesday. People can currently borrow just three and a half times their salary. There are also strict requirements when it comes to deposits required to secure a property. The stringent criteria have been criticised for keeping numerous potential purchasers out of the … 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 Banking and Payments Federation of Ireland has issued a warning that, despite a “significant” increase in housing supply, home prices are expected to rise in the coming months. The residential property price index has increased by 14.1% in the year to June, matching levels seen at its high in April 2007. In its latest … Read more
Gardaí are appealing for witnesses following the discharge of a firearm in Clara, Co. Offaly on Tuesday. Gardaí received reports that a number of shots had been fired at a property in Oakview in Clara at approximately 11.30 pm on Tuesday night. No injuries were reported during the incident. No arrests have yet been made. … Read more
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 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
The Central Statistics Office (CSO) has today (16 February 2022) published the Residential Property Price Index (RPPI) in December 2021. Residential property prices rose by 14.4% in the 12 months to December 2021, up slightly from 14% in November. In Dublin, residential property prices saw an increase of 13.1%, while property prices outside Dublin were … Read more
House prices in Dublin is set to rise on an average of 6% in 2022 according to a new survey by The Sunday Times. The supply is at record low and the prices will continue to rise, making the crisis worse. The places with most demand for houses in Dublin are Ranelagh, Ballsbridge, and Rathmines. … Read more
Popular auction contract website BidX1 is conducting an auction on December 10th, 2021 where four residential properties in Co Dublin go on sale. The property price starts from €190,000 and the highest priced property in the list is €550,000. We list out these properties along with their details for the potential home buyers out there. … Read more
A Dublin man has been remanded on bail for defrauding four potential tenants by getting deposits for an apartment he did not have permission to rent out. The man identified as Anthony Byrne, had carried out renovation at the apartment to which he had access. He allegedly took €12,000 as deposits by showing interested parties … Read more
The councillors have approved a construction plan to build 853 social and affordable homes in Dublin following a voting on the proposal. The plan to build homes at Oscar Traynor Road in Santry was passed with the support of 36 members while 23 councillors opposed. Fianna Fail, Fine Gael, Green Party and most Labour councillors … Read more
Amid the housing crisis in Ireland, a new list prepared by the UK website money.co.uk creates fury among common people. In the list of countries, Ireland ranks number 10 globally for the highest proportion of vacant homes. According to a report by The Irish Times, the list was prepared after analysing the Organisation for Economic … Read more
Property Development Company Clúid Housing offers cost rental housing to public at their newly built housing estates in Kildare. The plan is supported by the Department of Housing, Local Government and Heritage and the rent covers the cost of the construction, management, and maintenance of the new home, company said in their website. The cost … Read more