Monthly Archives: February 2014

Vacant property levels climb even as market recovers

NEARLY 30,000 commercial properties in Ireland were vacant last year, as vacancy rates across the country rose.A new report from GeoDirectory (see graph, on right) – the first annual report of its kind – shows that by the end of … Continue reading

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Volume of house sales in Dublin rose 17% last year

Dublin saw a 17 per cent increase in residential property transactions last year compared with 2012, and the total value of those transactions grew by 34 per cent, according to new analysis of the Residential Property Price Register (propertypriceregister.ie). The … Continue reading

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Construction recovery is vital but we mustn’t repeat past mistakes

‘SHOVEL it or get off the plot” is a way of characterising the Government’s planned approach to developers. The Coalition wants the construction sector to increase its contribution to the economy. While not wanting to repeat the dependency on a … Continue reading

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Owners selling up will have to test homes for radon

HOMEOWNERS will be obliged to carry out tests for radon gas before selling their properties. The Government plans to force people selling their homes to provide information on whether radon is present to the purchaser, and is also considering obliging … Continue reading

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ESRI expert warns of housing shortage

Young people will end up living with their parents until they are 35 unless the housing supply increases, Economic and Social Research Institute research professor John FitzGerald has said. “We need to go back to building 25,000 houses per year … Continue reading

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Construction sector marks fifth consecutive month of growth

The Irish construction sector recorded its fifth consecutive month of growth in January, as further new business growth led to another strong rise in activity and an increase in employment. Although the Ulster Bank Construction Purchasing Managers’ Index fell back to 56.4 … Continue reading

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Biggest ever ‘monster’ auction to flog almost 200 properties

IRELAND’S biggest ever “monster” auction is set to take place at the RDS on February 25 next with plans to sell 190 different properties at one continuous end-to-end sales session. A combined reserve value of €27m has been set. Read … Continue reading

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