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Commenting on the recent CSO Residential Property Price Index for November, IPAV, the Institute of Professional Auctioneers & Valuers, said the slowing rate of increase in prices is in line with what auctioneers throughout the country are reporting.

The latest Residential Property Price Barometer from IPAV, the Institute of Professional Auctioneers & Valuers, covering the first half of 2022 shows an overall price increase of 6.36 percent on the previous six months.

The German flag was raised on the flagpoles at Davitt College Castlebar recently to mark a visit to the school of the German Ambassador to Ireland, Mrs Deike Potzel.

Davitt College’s long-running history of school musicals was upheld this year with the performance of one of its most successful shows to date, Sing out Sisters!

Mr Michael Ring TD, the Minister for Rural and Community Development, this week announced funding of €40,000 for the development of the Michael Davitt Museum which is situated in the historic village of Straide.

The Institute of Professional Auctioneers & Valuers (IPAV) is calling on the Government to concentrate solely on measures that will lead to an increase in housing stock in the country.

Acceleration in house prices can be expected to continue until supply ramps up on its current “anaemic level”, the Institute of Professional Auctioneers & Valuers (IPAV) has warned.

Responding to this week’s vacant homes strategy, the Institute of Professional Auctioneers & Valuers (IPAV) said it is unlikely the strategy can impact hugely on the housing crisis, given its scale and the complexity of measures involved, such as facilitating the use of vacant properties of those in nursing home care.

While the Central Statistics Office (CSO) residential property price index shows inflation nationally increasing to 11.9 per cent in May, it is important that the Government is not forced into panic measures such as ending the Help-to-Buy scheme.

The housing shortage currently being experienced across Ireland is the result of a decade of underinvestment, according to the Construction Industry Federation (CIF).