Monthly Archives: March 2014

Property recovery spreading nationwide at last

THE recovery in property prices has now spread nationwide, with house and apartment prices rising last month at the fastest pace since the crash. Central Statistics Office figures published last week reveal that prices jumped by 8.1 per cent between February … Continue reading

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Bubble ‘inevitable’ in capital as lack of supply boosts prices

A new bubble in the property market in Dublin is “inevitable” given the lack of supply on the market at present. Sherry FitzGerald‘s head of residential property Ronan O’Driscoll said that as long as the lack of supply in Dublin … Continue reading

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Confidence in both global and home economy on rise among investors

Eight out of 10 people questioned had a positive outlook for the economy – up from under 55pc 12 months ago. The finding comes just weeks after official data revealed the economy shrank by 0.3pc last year – a poorer … Continue reading

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Crisis as number of homes for sale plummets 50pc

THE supply of homes for sale in the Dublin property market has collapsed by half in the last year – pushing the capital further into a serious homes shortage crisis. The data also shows the housing supply crisis is fast … Continue reading

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Irish house prices undervalued by 13%, says commission

A European Commission report has concluded that house prices in Ireland may have “undershot desirable levels”, with the average house price undervalued by 13 per cent. The report uses an “equilibrium price” – a figure that takes account of data including personal … Continue reading

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‘No homes’ for middle earners in capital city

Middle-income earners are being squeezed out of the Dublin property market, as prices continue to soar in the capital, a Sunday Independent analysis reveals. Homes in middle-class residential areas such as Drumcondra, Cabinteely, Dun Laoghaire and the South Circular Road are … Continue reading

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