The latest Daft Report shows that rents in all parts of the country have actually stabilised since November, a surprise given the apparent excess of properties in large parts of the country. This post discusses whether the January figure is more likely to prove seasonal or structural, before outlining the importance of stable rents for the broader property market and economy.
Ireland’s property market has had nothing but bad news for most of the past three years. This post reviews some of the data from the rental market during 2009, in particular comparing the stock on the rental market with the number of transactions it is processing. It finds evidence to believe rents will level off in Dublin and the other major cities in the next few months, although the outlook for smaller rental markets looks unchanged from a year ago.
The latest Daft report, reviewing house prices in 2009, was published today. This post reviews its main findings and updates the estimate of the total value of residential property in the country, before outlining the likely developments in the Irish property market over the course of 2010.
This post reviews the latest Daft rental report, which finds that rents are at their lowest level in almost 10 years. Rents have fallen in Dublin by more than other parts of the country, while the total stock available to rent has fallen 10% in recent months. Some implications for NAMA are also explored, before underscoring the good news for tenants this news represents.
This post goes through some of the findings from the latest Daft.ie Report, out this morning, which reviews trends up to the end of September. Optimists can point to falling stock for sale and quicker sale times in Dublin. Clear regional differences are now emerging in the house price adjustments, while sellers many counties also seem to engaging in a six month wait-and-see strategy.
The latest daft.ie House Price report was released this morning. It shows that asking prices have fallen 5.7% in the last three months and by almost one quarter since their 2007 peak. New figures on time-on-market are showing a growing gap between urban and rural markets, with properties in Dublin in particular falling more and moving faster and in greater numbers.
A review of the latest trends in Ireland’s residential lettings market, from the Q1 2009 Daft.ie Rental Report, including a map of the changes in rents by county.
Ireland’s property slump marked it second birthday today, with the news from the latest daft.ie report that asking prices for residential property fell 4.2% in the first three months of 2009. This latest drop in prices marks the eight consecutive quarter that prices have fallen.
As the official press release notes, the national average asking price [...]
Daft has been getting lots of exposure in the Irish Times recently, as the batch of year-end reports and prognoses for 2009 flood in. In particular, the Irish Times has begun whetting the appetite for the 2008 Year in Review Daft Rental Report. Their recent article, ‘A renter’s market‘, reviews current trends in the rental [...]
How did Roscommon’s property market fare in 2008, compared to Limerick’s? Why?
For some thoughts on the above, and on South County Dublin, Cork City and Kilkenny, as a representative smattering of the regional tidbits in the latest Daft Report, you can catch a five minute or so interview on January 15’s Ireland AM on here, [...]
