Search Results for 'Macroeconomics'

Sherry FitzGerald, Ireland’s largest estate agent, reported today (Monday, April 3rd, 2023) that the average value of second-hand homes in Ireland increased by 0.8%i in the first quarter of 2023. Overall, average values have increased 3.6% over the past twelve months.

Ballinderry,

2 St Mary's Terrace,

Commenting on the most recent CSO Residential Property Price Index for April, IPAV, the Institute of Professional Auctioneers & Valuers, said the highest increases are now happening outside of Dublin, with three factors at play, the expensive nature of the Dublin market which has resulted in the elongation of the commuter belt; new working norms which are making areas such as the South-East particularly attractive and the sterling- Brexit factor which is seeing continuing high increases in the Border region, 22.1 percent in the year to April.

The recently published Daft.ie property rental price report for Q1 2022 has noted that premiums in Westmeath were, on average, 12.8 percent higher in the first quarter of the calendar year than at the same period in 2021.

ALONE, the organisation that supports older people to age at home, has called on the government for a pandemic-like response to alleviate the rising cost of living to help those in greatest need.

Commenting on the most recent CSO Residential Property Price Index for January IPAV, the Institute of Professional Auctioneers & Valuers, noted that over 82 percent of dwelling purchases in January involved existing dwellings, highlighting both the insufficient number of new properties coming on the market and, to a lesser extent, the stronger demand arising from new working norms and workers being priced out of Dublin all of which are increasing the appeal of areas such as the the Midlands.

The overall average increase in property prices for 2021 was just short of 12pc, with great variations across the country, according to the latest Residential Property Price Barometer by IPAV, the Institute of Professional Auctioneers & Valuers, which captures house prices actually achieved by auctioneers for three- and four-bedroom semi-detached homes and two-bedroom apartments.

Housing prices rose by one percent between June and September and are now 9.1 percent higher than a year ago, according to the latest Daft.ie Sales Report released today by Ireland’s largest property website, Daft.ie.

Responding to the recently published Residential Tenancies Board (RTB) rent index for Q4 2020, IPAV, the Institute of Professional Auctioneers and Valuers, said with rents staying inflated it remains much more expensive to rent than service a mortgage on a home, if only those on average wages could acquire a property.