A new year and decade is typically a time of new beginnings. Heading into 2020, concerns around Brexit, housing supply and demand, and affordability obstacles for first-time buyers are all part of the hangover of the last twelve months. Our 2019 property market predictions included rising house prices, a slew of new homes, and ongoing […]
Sep 17Cost of rebuilding homes now back at boom-time levels
SCSI’s rebuilding cost guide shows average cost of rebuild in Dublin is nearly €208,000 The cost of rebuilding a home in the Republic is now equivalent to what it was at the height of the boom thanks to rapid acceleration in labour costs and the impact of new building regulations. The Society of Chartered Surveyors […]
Jul 24Builders back off houses in favour of apartments as sales tumble
A glut of new houses for sale has led to builders cutting back on the construction of homes. There was a sharp slow-down in the growth of new housing output in the April to June period, according to the Goodbody Stockbrokers housebuilding tracker. But apartment construction is surging as investment funds pour money into the […]
Jun 21Important changes to rental legislation
Important changes to rental legislation The Residential Tenancies (Amendment) Act 2019 was signed into law on May 31st 2019. Find out more information below on the important changes to the rental sector. Changes to laws for ending a tenancy Effective from 4th […]
Feb 05Excessive price expectations biggest block to house sales, report says
‘Unrealistic’ prices primary reason for properties failing to sell, surveyors say Home-owners’ “excessive and unrealistic expectations” about the price their properties are worth will be the biggest block to closing sales this year, according to a report published this morning. Research from the Society of Chartered Surveyors Ireland (SCSI) says that overly-optimistic expectations is […]
Dec 14The way we buy and sell houses is about to change
All property title queries will be dealt with and resolved in advance of contract signing From January 1st, 2019, the buying and selling of houses and other real estate will move to a pre-contract investigation of title (PCIT) system. This will mean that all sellers, through their solicitor, will need to produce title packs pre-contract. […]
Nov 12Majority of estate agents expect house prices to keep rising in 2019
Central Bank and SCSI survey finds expectation of slower rate of property inflation Six out of 10 people working in the property sector expect the pace of house price increases to slow in the coming year, research by the Central Bank and the Society of Chartered Surveyors Ireland (SCSI) has found. The number who expect […]
Oct 03Why does it still take seven months to sell a house in Ireland?
Estate agents and others need to devise a new business model In the midst of many property market challenges, it may be time to evaluate the selling model for houses and some of the chronic inefficiencies in the residential estate agency model. A review of the scant commentary on this reveals that the length of […]
Sep 18House price rises now at lowest level in 15 months
House price rises now at lowest level in 15 months The rate at which property prices are increasing continues to ease off. This is being put down to buyers reaching the limit of what they can borrow due to Central Bank lending restrictions. Figures from the Central Statistics Office (CSO) show residential property prices at […]
Aug 01Sea view boosts property prices by up to 32%, Daft says
Proximity to blue-flag beach can increase a property’s price by €6,000, research shows Properties with a view of the sea can command prices up to 32 per cent higher than a similar property with no sea view, a study has found. Research conducted by property website Daft.ie found that a full sea view adds €11,000 […]
