This post reviews some measures of the health of the various property markets around Ireland, using transactions-based metrics not price-based ones. It finds that Dublin has seen an improvement in market conditions in the last six months, although it’s less clear whether other regions have reached the turning point yet.
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.
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 [...]
With Davy Stockbrokers predicting a 70% fall in Irish construction activity from its peak over the coming ‘medium term’ (2009-2011 or so), I though it might be timely to review some headline statistics for Ireland’s property overhang.
Recently, I’ve been peddling the idea that between 2004 and 2007, we were building twice as many homes as [...]
An updated heat-map of changes Ireland’s property prices, to reflect the latest Daft Report (2008 Q4).
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, [...]
This is an unabridged version of my commentary on the latest daft.ie report (2008 in review), which is available at daft.ie/report.
When we look back at 2008 in a few years time, I think it’s fair to say we will regard it as the annus horribilis for Ireland’s property market. In late 2006, we issued [...]
The third and final (for 2008 anyway) instalment in the visualizations of Ireland’s property market takes a different look again to my recent posts on trends in prices and stock. Building on the measure of affordability on page 10 of each daft.ie rental report and a suggestion made on thepropertypin.com, it measures the gap between [...]
Last week, I posted a visualization of changes in asking prices for Irish property, since 2006, using the IBM Manyeyes tool. It’s proved very popular, not least with the crowd on thepropertypin.com. I’ve been happy to take suggestions on what’s the most important thing to be mapping and one suggestion – which ties in nicely [...]
