Ireland's Home Price Appreciation Slows in 2019

Daft | June 26, 2019

According to Daft.ie latest Ireland Sales Report, home prices in the second quarter of 2019 were 3.7% higher than a year previously, the lowest rate of inflation since late 2013. The average price nationwide in the second quarter of the year was €263,000, up 0.9% on the first three months of the year. Despite the slowdown in inflation, the average price nationwide is now 60% higher than its lowest point in 2013. In Dublin, prices fell by 0.8% in the second quarter of 2019, and annual inflation is now at just 1.2%, its lowest level since early 2016. Inflation has also cooled significantly in the four other main cities, with year-on-year increases of 4.4% in Cork and between 6% and 7% in Galway, Limerick and Waterford.

Spotlight

The residential real estate industry has undergone significant change in the past seven years. Many of these changes were implemented in reaction to the decline of the housing market. All sectors of the industry experienced regulatory and legislative impacts and the appraisal industry was no exception. Some of these changes have produced unintended consequences that have resulted in a decline in the number of active residential appraisers, while simultaneously preventing a viable process in which to bring new appraisers into the profession, due to economic and logistical challenges.

Spotlight

The residential real estate industry has undergone significant change in the past seven years. Many of these changes were implemented in reaction to the decline of the housing market. All sectors of the industry experienced regulatory and legislative impacts and the appraisal industry was no exception. Some of these changes have produced unintended consequences that have resulted in a decline in the number of active residential appraisers, while simultaneously preventing a viable process in which to bring new appraisers into the profession, due to economic and logistical challenges.

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Measurabl | October 17, 2022

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HOME AND DESIGN,REAL ESTATE INVESTMENT

Wood Partners Expands Footprint in Garland, Texas with Groundbreaking of Latest Luxury Residential Community: Alta Firewheel

Wood Partners | December 02, 2022

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AppraisalWorks | December 01, 2022

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