Tag Archives: property market

Irish House Price Report Q4 2016 by Daft

Housing market Ireland 2017

Irish House Price Report Q4 2016 by Daft.ie The new housing mantra is supply, supply, supply… Accoring to Daft report, in total, Ireland needs at least 40,000 new dwellings a year and probably closer to 50,000. These will be concentrated in and near the urban centres and will be disproportionately homes for one- and two-person households, such as apartments, downsizer ... Read More »

Irish Residential Rental Market

Daft Rental report Q3 2015

Irish Residential Rental Market According to Ryan Lyons, the author of Daft Quarterly Rental Market Report for Irish Residential Market, the crucial element to understand the rental market in Ireland today is “quantity”. The author believes that the underlying problem is not the problem of prices but the quantity of properties available on the rental market. This is the reason ... Read More »

Property market in Galway

Property Report Galway

The Galway Advertiser published recently an interview with three local aucioneers. The main findings concerning the property market in Galway include: return of buyer confidence increased property sales severe shortage of supply residential letting at a historic high for demand auctions not achieving prices as good as the sale of similar houses by private treaty For more details please visit ... Read More »

Declining Oil Prices Impact Global Real Estate Markets

According to Cushman and Wakefield report the impact of lower oil prices on economies and real estate markets remains of key importance to the prospects of occupier markets around the World. Locations with a high proportion of oil and gas related output will be the most vulnerable to the oil price decline. For the UK, the benefits of a broad ... Read More »

Banks to cut interest rates for variable mortgages

It is said that homeowners with standard variable mortgages (SVR) are likely to benefit from reduced interest rates from July this year. Minister for Finance Michael Noonan met with AIB, Bank of Ireland, Permanent TSB, Ulster Bank, KBC and ACC to discuss variable rates currently being charged by the banks. Reducing the cost of mortgages might come from: straight rate ... Read More »