Menu
11/04/2016
Steep Fall In Number Of Homes On The Market
A new report has found that the number of homes for sale in Ireland is at its lowest level since 2007.
According to property website Daft.ie, there were just 13,500 homes for sale this month across Connacht, Munster and Ulster. This compares to almost 21,000 properties two years ago.
Nationally, the total number of properties for sale is 24,000 – but this figure is the lowest recorded since February 2007.
In addition, last year, 10,000 properties were constructed. The report said most of these were one-off properties.
Elsewhere, the study found that house prices in Dublin have stabilised, rising 0.9% in the year to March; while in Dublin 2, 6, 16 and 18, as well as south Co Dublin, prices are now said to be falling.
(JP/LM)
According to property website Daft.ie, there were just 13,500 homes for sale this month across Connacht, Munster and Ulster. This compares to almost 21,000 properties two years ago.
Nationally, the total number of properties for sale is 24,000 – but this figure is the lowest recorded since February 2007.
In addition, last year, 10,000 properties were constructed. The report said most of these were one-off properties.
Elsewhere, the study found that house prices in Dublin have stabilised, rising 0.9% in the year to March; while in Dublin 2, 6, 16 and 18, as well as south Co Dublin, prices are now said to be falling.
(JP/LM)
Related Irish News Stories
Click here for the latest headlines.
10 May 2019
Call For Overhaul Of 'Outdated And Unfair' Council Funding Model
The Social Democrats have branded Ireland's local authority funding system as outdated and deeply unfair to people living in council areas with rapidly growing populations. The party is calling for a complete overhaul of how Local Property Tax is distributed to ensure that all councils can properly meet the needs of their residents.
Call For Overhaul Of 'Outdated And Unfair' Council Funding Model
The Social Democrats have branded Ireland's local authority funding system as outdated and deeply unfair to people living in council areas with rapidly growing populations. The party is calling for a complete overhaul of how Local Property Tax is distributed to ensure that all councils can properly meet the needs of their residents.
19 December 2014
Counterfeit Toys Seized At Dublin Port
Customs officers have seized counterfeit toys worth an estimated €600,000 at Dublin Port. It is understood that officers from Revenue's Customs Service uncovered a consignment of around 20,000 toys originating from China. The toys are understood to be based on popular children's film characters.
Counterfeit Toys Seized At Dublin Port
Customs officers have seized counterfeit toys worth an estimated €600,000 at Dublin Port. It is understood that officers from Revenue's Customs Service uncovered a consignment of around 20,000 toys originating from China. The toys are understood to be based on popular children's film characters.
23 September 2014
DCC Vote For Local Property Tax Reduction
Dublin City Council have voted in favour of reducing the Local Property Tax (LPT) by 15%, the maximum reduction allowable by the government. The council debated the Sinn Féin proposed reduction on Monday night. According to reports, Dublin City Manager, Owen Keegan, had offered his own proposal of a 5% reduction per year for the next three years.
DCC Vote For Local Property Tax Reduction
Dublin City Council have voted in favour of reducing the Local Property Tax (LPT) by 15%, the maximum reduction allowable by the government. The council debated the Sinn Féin proposed reduction on Monday night. According to reports, Dublin City Manager, Owen Keegan, had offered his own proposal of a 5% reduction per year for the next three years.
19 September 2014
DCC Fine Gael Group Propose Local Property Tax Reduction
Fine Gael Councillors in Dublin have proposed a motion calling for a 15% cut in the Local Property Tax next year. The group has brought the motion ahead of a meeting of Dublin City Council on Monday.
DCC Fine Gael Group Propose Local Property Tax Reduction
Fine Gael Councillors in Dublin have proposed a motion calling for a 15% cut in the Local Property Tax next year. The group has brought the motion ahead of a meeting of Dublin City Council on Monday.
22 October 2014
NAMA Questioned Over Sale Of Property Assets
The Minister for Finance is being urged to attend a debate in the Seanad in relation to NAMA's strategy of selling off property assets while the property market is still in recovery. Labour Senator Lorraine Higgins said this will result in the Irish taxpayer missing out on potentially higher revenue from property deals.
NAMA Questioned Over Sale Of Property Assets
The Minister for Finance is being urged to attend a debate in the Seanad in relation to NAMA's strategy of selling off property assets while the property market is still in recovery. Labour Senator Lorraine Higgins said this will result in the Irish taxpayer missing out on potentially higher revenue from property deals.
-
Ireland WeatherToday:Scattered showers of rain, sleet and, over hills, snow in the morning with sunny spells, the best of these in the south. The showers dying out this afternoon with increasing amounts of sunshine. Occasionally fresh westerly or northwesterly winds easing. Maximum temperature 6 °C.Tonight:Clear start with a fairly widespread frost developing. Increasing cloud brings occasionally heavy rain overnight, preceded, especially over western hills, briefly by snow. Occasional southeasterly gales, severe near coasts, developing. Minimum temperature -2 °C.
