Author Archives: The MyHome Newsdesk

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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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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Dublin house prices stabilising, insist DNG

Dublin house prices are on a trend towards stabilisation, however the Government and the Central Bank need to exercise care in their interventions so as not to undermine the fragile property market warned estate agent DNG at the publication of its latest property guide. According to the DNG the price of an average house in [...]

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Almost 16,000 mortgages issued so far this year

Almost 16,000 people have taken out a mortgage to date this year as an increasing number of people look to get on the property ladder. On average, 2,574 mortgages were approved in each of the summer months of June, July and August — 92% of which were for house purchases. This degree of lending represents [...]

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3,600 homes valued at more than €1m

Two out of every three homeowners did not accept the values suggested by the Revenue Commissioners for the purposes of the residential property tax. Almost a quarter said their apartments or houses were worth less than €100,000. Revenue had expected 15 per cent of properties have such valuations. On average, the values returned to the [...]

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Industry complaint upheld by ASAI

An industry complaint has been upheld against property website The complaint arose after brought to the Advertising Standards Authority for Ireland’s attention that could not state it was “1st for buying, selling and renting” in certain locations as part of its outdoor poster campaign. The locations involved included Bray, Dublin 2, Dun [...]

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Property prices up 14.9% year on year

Residential property prices increased again last month, according to new figures from the Central Statistics Office. The CSO figures show that national prices were 14.9% higher in August compared to August 2013 – the 15th annual increase in a row. Residential prices across the country rose by 2.3% in the month of August compared to [...]

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rental costs

Four-fifths of potential home buyers stuck in rental trap

Some 80pc of potential first-time home buyers are stuck in a rental trap and can’t get the mortgage they need to get on the property ladder, according to new research from Genworth Financial. The research, conducted by Ignite Research, also found that first time buyers are placing a continuing reliance on their parents to help [...]

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Amendment to Price Register analysis has been alerted to an error in its recent analysis of the Property Price Register transactions for Dublin 6 for the first half of this year. Due to a data retrieval error transactions for this postcode area were overstated by 178. The correct number of transactions for D6 over this period was 168 and [...]

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The inside of the new office

Lisney open new Leeson Street office

After a long wait, Lisney is delighted to announce the opening of its new residential office at 103 Upper Leeson Street. Heading into the city centre on the N11, it is the first building on the divide between Leeson Street and Sussex Road. It is directly opposite the Double Tree by Hilton Hotel (former Burlington) [...]

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