Irish property prices are currently overvalued by 8 to 10 percent, the Economic and Social Research Institute (ESRI) said in its latest Quarterly Economic Commentary. The institute’s analysis considered various factors, including housing prices, disposable incomes, interest rates, housing supply, and the proportion of the population aged 25 to 44—the key demographic for homebuyers. The … Read more
Property prices across Ireland jumped by 10 per cent in the 12 months to September, according to the latest figures from the Central Statistics Office (CSO). While residential property prices in Dublin saw a rise of 10.8 per cent, rates outside the capital city were 9.4 per cent higher in September 2024 in comparison to … Read more
Residential property prices across Ireland increased by 8.2 per cent in the 12 months to May this year, according to figures from the Central Statistics Office. CSO data found that property prices in Dublin rose by 8.6 per cent, while rates outside the capital city went up by 7.8 per cent. This was the ninth … Read more
A recent study by KPMG has brought forth reassuring findings regarding the government’s First Home Scheme (FHS). Contrary to previous concerns raised by various agencies, including the central bank, KPMG’s report asserts that the FHS will not drive up property prices. Despite initial apprehensions about increased construction costs, material availability, and energy efficiency preferences, KPMG’s … Read more