Has the new year brought a change in the property market headwinds? Will first-time buyers waiting in the wings find themselves missing out if they don’t move soon? This post looks at trends in the total stock sitting on the market in both apartments and houses, across Dublin, in the other major cities and in the rest of the country. It also estimates the percentage of all properties currently listed for sale in each segment
This post looks at what has happened house prices in various areas across Galway city. It finds clear evidence that the more expensive areas, like Salthill and Knocknacarra, not only peaked earlier but have also fallen by more – up to 30% from the peak so far.
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 market is currently in rewind. Homes now are at March 2005 values – or July 2004, if asking prices are 10% above closing prices. Figures from daft.ie, the Census and the Dept of the Environment allow an estimate of both the number of homes now worth less than when they were bought – about 725,000, or 40% of homes – and how many of those are in negative equity -about 340,000, or 20% of homes.
On Monday the latest daft.ie report came out, showing that asking prices had fallen just over 4% in the first three months of the year. Yesterday, I changed focus on the blog a little, as it was Budget day, and tried instead to put some numbers on what a potential property tax could raise.
Today, I [...]
