More people looking to auctions for first home, insists Allsop Space

Allsop Space

Auction specialists Allsop Space have insisted that more and more house hunters are looking to auctions to secure their first home. “Our firm has turned a significant corner, witnessing a remarkable increase in the number of private and non-distressed vendors [...]

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Four out of five people believe house prices will continue to increase over coming year

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Almost 80% of people believe house prices will continue to [...]

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€48m in sales recorded at Allsop Space auction

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Over 150 properties were snapped up at a combined total [...]

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Property prices continue to rise in September

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Residential property prices rose by 1.8% in the month of [...]

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House prices rising nationwide, according to Real Estate Alliance

The price of an average three-bed semi in Irish towns and cities rose by 17.59% in the first nine months of the year, according to a national survey carried out by Real Estate Alliance. The Real Estate Alliance Average house index concentrates on Ireland’s typical stock home, the three-bed semi, giving a picture of the [...]

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hotel

Value of hotel sales in Ireland could be close to €1bn by end of the year

The value of hotel sales in Ireland could be close to €1bn by the end of the year, according to property consultants, Savills Ireland. In its latest commentary on the hotel property market, Savills reports that an acceleration of activity in the second half of the year has seen the combined value of transactions surpass [...]

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Roland O’Connell

Roland O’Connell appointed new Savills chairman

Estate agent, Savills, has appointed Roland O’Connell as new chairman of its Irish operations. O’Connell who has been with Savills for 33 years is a veteran of the Dublin commercial property market and has extensive experience letting headquarter offices for high profile muiltinationals investing here. He takes over the role from Larry Brennan who will [...]

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Number of housing measures implemented in Budget 2015

While Tuesday’s Budget mainly focused on the end of austerity, there were a number of measures implemented that will have an impact on the property market in the next year. Amongst the main points were: • Refund on DIRT on savings for first time buyers • €2.2 billion investment in social houses • Increase in [...]

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Activity in the construction sector is on the up

Record surge in new house building last month

September saw the fastest growth in new home-building in nearly 15 years, the latest Ulster Bank Construction Purchasing Managers’ Index reveals today. The index, designed to track changes in total construction activity, posted 61.5 in September, broadly unchanged from the reading of 61.4 in August but with the level of overall building activity boosted by [...]

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debt

Number of borrowers in mortgage arrears down by 11,000 since March

There are almost 11,000 fewer mortgages in arrears than at the beginning of the year according to new figures from the Department of Finance. The number of loans in arrears for principal dwellings (as opposed to investor or buy-to-let mortgages) was 100,132 at the end of August. The Department of Finance statistics say the number [...]

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