Search Results for 'Monetary inflation'

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.

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.

Sherry FitzGerald, Ireland’s largest estate agent, has reported that the current protracted period of lockdown has negatively impacted the stock of properties available for sale throughout the country, thereby placing upward pressure on prices during the opening quarter of the year.

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.

The small dip in the level of inflation during July is welcome but it is likely to be only a temporary respite.