Posts Tagged: housing

Housing costs push 2019 inflation rate up to 0.9% – CSO

New Central Statistics Office figures show the rate of inflation almost doubled in 2019 compared to 2018 with housing, water, electricity, gas and other fuels showing the biggest price increases since 2015. Consumer prices rose by 0.9% in 2019, after increasing by 0.5% in 2018 and by 0.4% in 2017.  The CSO said that during… Read more »

Housing prices see first annual fall since 2012

Housing prices saw their first annual fall since 2012 this year, the latest Daft.ie Sales Report shows today. Housing prices fell by 1.2% during 2019, with the average price nationwide in the final quarter of the year standing at €250,766. This was 2.4% lower than in the third quarter and 1.2% lower than a year… Read more »

Housing construction activity sees first slowdown since 2013

Activity in the construction sector declined for the third month in a row, the latest Purchasing Managers’ Index from Ulster Bank shows. Ulster Bank’s Construction PMI showed a reading of 48.2 in November, up from 46.2 in October. Any figure under 50 signals contraction in the industry.  The November slowdown included a decline in activity… Read more »

First-time buyers feel ‘pushed out’ by bulk investors

First-time buyers feel ‘pushed out’ by bulk investors Fianna Fáil is calling on the Government to restrict tax incentives for institutional investors in the Irish property market. The party said so-called “cuckoo funds” have given rise to entire housing developments being snapped up, locking out first-time buyers. A review by the Department of Finance into… Read more »

Housing commencements rose by over 31% in Q1

Housing commencements rose by over 31% in Q1 New figures today show that the number of housing commencements rose by 31.6% in the first quarter of the year compared with the same time last year. The latest Housing Market Monitor, published today by Banking & Payments Federation Ireland, showed that 5,8000 housing commencements were registered… Read more »

Housing commencements rose by over 31% in Q1

Housing commencements rose by over 31% in Q1 New figures today show that the number of housing commencements rose by 31.6% in the first quarter of the year compared with the same time last year. The latest Housing Market Monitor, published today by Banking & Payments Federation Ireland, showed that 5,8000 housing commencements were registered… Read more »

High housing costs key driver of wage demands, conference told

High housing costs key driver of wage demands, conference told HIGH rents and housing costs are driving wage demands that have become the biggest single challenge facing businesses, according to Kevin Sheridan, managing director of Sheridan Cheesemongers. “Rising wages puts pressure on staff numbers and has a ripple effect through the business – I think… Read more »

Housing completions up by over a fifth in first three months

Housing completions up by over a fifth in first three months Housing completions were up by over a fifth in the first three months of 2019, according to Goodbody’s Housebuilding Tracker. It uses Building Energy Regulation (BER) data to compile its figures. The official data tracks electricity connection figures. According to Goodbody’s figures, 4,255 residential… Read more »