Ireland’s Property Market: Inflation Cools, But Prices Remain Elevated The Irish housing market is undergoing a period of adjustment, with recent reports indicating a slowdown in the rate of asking price inflation. While prices continue to rise, the dramatic increases seen in recent years are moderating, creating a complex landscape for both buyers and sellers. … Read more
A startling 14.8% of household income was saved in the third quarter of this year, according to the Central Statistics Office – a figure that signals a profound shift in Irish financial habits. But this isn’t a temporary blip. The Central Bank now anticipates this trend will continue, forecasting a savings rate of 15.9% by … Read more
Irish Economy Faces Dual Threat: Stagnant Housing and AI Investment Risks Ireland’s economic outlook is clouded by a concerning double challenge: a projected standstill in housebuilding through 2026 and escalating risks associated with investment in Artificial Intelligence (AI). New analysis from the Economic and Social Research Institute (ESRI) paints a picture of potential stagnation in … Read more
Nearly one in four Irish households are considering downsizing, according to recent research from Davy, a figure that’s poised to accelerate as the ‘baby boomer’ generation enters retirement. This isn’t simply a lifestyle choice; it’s a looming demographic and economic force, and Bank of Ireland’s pilot ‘Trading Down’ loan program is the first significant institutional … Read more
Irish Rental Market Shows Signs of Stabilization Amidst Reform Recent data indicates a shift in sentiment within the Irish rental market, with developers expressing increased optimism following the implementation of new rent control measures. Occupancy rates remain exceptionally high, hovering around 99.5%, but a subtle easing of pressure is becoming apparent, according to reports from … Read more
Ballymore Secures €130 Million in Refinancing to Advance 4,000-Home Development Pipeline Irish property developer Ballymore has secured a €130 million refinancing deal with Allied Irish Banks (AIB), paving the way for the delivery of up to 4,000 new homes across Ireland and the United Kingdom. The substantial financial injection will bolster the company’s existing development … Read more
Irish Property Prices Continue Unrelenting Ascent, Despite Government Intervention Ireland’s housing market continues to defy expectations, with property prices surging to new heights. Recent data reveals a significant increase, placing immense pressure on prospective homebuyers and raising concerns about affordability. While the Taoiseach maintains the government is actively addressing the crisis, the pace of price … Read more
Irish House Prices Continue Upward Trend, Rising 7.6% in September Ireland’s housing market continues to demonstrate robust growth, with property prices increasing by 7.6% in the year to September. This sustained inflation is largely attributed to ongoing supply constraints failing to meet persistent demand, placing significant pressure on prospective homebuyers. Recent reports from multiple sources, … Read more
Rising Rents and Evictions: A Growing Homelessness Crisis Ireland is facing a deepening housing crisis, with a significant surge in renters at risk of homelessness. Recent data reveals a concerning trend: a sharp increase in tenancy terminations and a corresponding rise in the number of people seeking assistance from housing charities. This escalating situation demands … Read more
Ireland Faces Decades of Economic Strain as Housing Crisis Deepens and Population Ages Dublin, Ireland – A confluence of demographic shifts and a persistent housing shortage is poised to create decades of economic challenges for Ireland, according to a series of recent reports from the Department of Finance, the Central Bank, and other key institutions. … Read more