Author Archives: ciaran

A €750M fund for builders, an ­ additional €75m to open up sites for residential development, and 3,800 new social homes in 2018 are among the main housing measures announced in Budget 2018. The Department of Housing will spend more … Continue reading →

The number of mortgages approved in August rose by almost 15 per cent compared with the same month last year, new figures from the Banking and Payments Federation Ireland show. A total of 3,964 mortgages were approved, with some 2,029 of them … Continue reading →

House prices will continue to rise for the next five to 10 years unless drastic action is taken, a report released on Friday by property website Daft.ie has warned. Daft.ie economist Ronan Lyons said that we are unlikely to see … Continue reading →

The number of vacant homes in the State may be grossly overstated, the findings of a pilot study in one local authority area has indicated. In last year’s census, a total of 183,000 vacant residential properties were identified across State, … Continue reading →

More than 400 of Ireland’s ‘Lost Generation’, many with significant cash savings for a down-payment on a new house, are returning home each week. And these returnees are another “pressure point” pushing up property prices to Celtic Tiger levels. More … Continue reading →

Surging prices are forcing house hunters to get approval for larger mortgages. First-time buyers are now getting the go-ahead from banks to borrow almost €15,000 more than a year ago. House-price inflation means the average a first-time buyer couple have … Continue reading →

House prices are set to rise by 15pc over the next three years, a survey conducted by the Central Bank has found. The survey of estate agents, auctioneers, economists and surveyors indicates prices will rise by eight per cent nationally … Continue reading →

Nine out of every 10 homes put on the market are being sold for substantially different sums than the advertised asking price. First-time buyers and families hoping to secure a home are being invited to view properties which end up … Continue reading →

The commercial property market continues to show stability, with the latest JLL Property Index reporting overall returns of 2.4 per cent in the last quarter and 11.1 per cent in the full 12-month period. Capital values increased by 1.2 per cent in … Continue reading →

New property millionaires are being created at a rate of a dozen a week. There are now close to 4,000 homeowners in Ireland whose property is worth €1m or more. Sandycove in Dublin is the most expensive market in the … Continue reading →