Mr Maccoille

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Average asking prices for homes rose 9.7 per cent across the Republic last year to €290,000, according to the latest assessment from property website MyHome.ie and stockbrokers Davy, including an “uncharacteristically sharp” 1.2 per cent increase “during the normally quiet winter months”. Photograph: iStock
Banks lending more money to homebuyers now than in Celtic Tiger era

Banks are lending more money to homebuyers than during the build-up to the 2008 property market crash, according to a report published on Tuesday. But(...)

Christmas shoppers on Henry Street: Central Bank figures show “average daily credit/debit card spending rose to €256 million in November, its highest level during the pandemic”. Photograph: Dara Mac Donaill
GDP increase will slow to 7.6% in 2022 after 15.5% this year, Davy predicts

Irish people spent almost €260 million a day on their credit and debit cards last month, the largest amount since Covid struck in March 2020. Conal M(...)

‘Inflation is less severe in Dublin than elsewhere and, outside Dublin, less severe in the other cities than the rest of the country’
House prices surge 13% as ‘red hot’ demand outstrips supply

House prices have surged by more than 13 per cent in the past 12 months, according to two separate reports, which also point to a greater acceleration(...)

Davy is forecasting prices to rise by about 3 per cent this year. Photograph: Photocall
Property transactions jump 12% as market defies slowdown

The volume of residential property transactions rose by 12 per cent to 13,100 in the first quarter of 2021 as the market continued to shrug off the im(...)

The report also noted that mortgage lending had hit a ‘new cycle high’ of €1.1bn in October. Photograph: Tim Ireland/PA Wire
House asking prices surge 6% as market shrugs off coronavirus impact

House prices surged 6 per cent last year, the fastest pace of growth recorded in almost three years, according to a report by property website MyHome.(...)

Davy: “If sustained, the recovery in transaction volumes could pose a small upside risk to our forecast for mortgage lending of €7.3 billion in 2020.” Photograph: Nick Bradshaw
Davy sees faster-than-expected recovery in property market

Davy Stockbrokers says there has been a faster-than-expected pick-up in activity in the Irish property market that may prompt an upward revision in it(...)

MyHome and Davy figures show that the asking price for houses offered for sale in the Republic over the second quarter fell 2.9% on the same period in 2019.
House prices fall 3% in three months, says MyHome.ie

House prices fell by almost 3 per cent to an average price of €268,000 as Covid-19 struck in the second quarter of the year, according to property web(...)

House price inflation slowed through 2019 to 0.9% in October as the Central Bank tightened the rules governing mortgages and uncertainty grew over the UK’s plan to leave the EU. Photograph: Getty Images
Banks expected to loan €9bn to homebuyers this year

Banks will loan €9 billion to homebuyers this year, according to one expert, who predicts that the Republic’s economy will grow strongly in 2020. Buo(...)

Mortgage lending to first-time buyers has increased by 15 per cent. File photograph: Cyril Byrne/The Irish Times
House prices are flatlining across Republic, MyHome.ie report says

House prices are flatlining across the Republic as the banking regulator’s lending rules take the heat out of property inflation, a report from websit(...)

The Davy study suggests house-price inflation has slowed as a result of the Central Bank’s mortgage-lending rules but that demand pressure in the market has transferred to the rental sector. Photograph: Bryan O’Brien
Corporate investors not the cause of high rents, report claims

Institutional investors or so-called “cuckoo funds” are not the prime drivers of high rents in Ireland and may be key to unlocking further housing sup(...)

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