New housing package announced by Government will increase the supply of new homes

The announcement yesterday evening by Minister for the Environment Alan Kelly that he is to reduce levies for construction and make changes to planning standards, will increase the supply of houses and lower construction costs significantly, according to the Construction Industry Federation (CIF). Director General of the CIF Tom Parlon stated: “The removal of costs […]

Daft.ie House Price Report – Prices rise 11% in Offaly

House prices rose rapidly outside Dublin but fell in the capital between June and September, according to the latest House Price Report released today by Ireland’s largest property website, Daft.ie. During that three-month period, the average asking price in Dublin fell by 1.4%, only the second fall in over three years. Outside the capital, however, […]

Sentiment in construction sector remains positive in Offaly with surge in planning applications – Link2Plans

The latest figures from the National Housing Construction Index reveal that sentiment in construction sector in Offaly remains positive as planning applications rose by +43% in the first six months of 2015 when compared to same period in 2014. Despite the positive outlook, there has been a significant fall in activity in the residential construction […]

Six steps to increase housing supply and stimulate growth in the economy – CIF

If 10,000 more housing units are built per year, an additional 25,000 people will be employed in the construction sector, according to the Construction Industry Federation (CIF).  This would also restore residential construction activity to levels needed to meet the growing high levels of demand. The CIF have proposed six steps for inclusion in October’s […]

Irish house prices rising fastest in EU

Ireland’s house prices were 16.3% higher in the last quarter of 2014 than in the last quarter of 2013, according to Eurostat estimates released today. This is the highest annual house price increase in the EU. Today’s estimates also show that the rate at which Irish house prices increased over the year in 2014 was […]

Offaly records second largest fall in planning applications in 2014 as growth in residential construction sector slows down – National Housing Construction Index

2014 saw Offaly record the second largest fall in planning applications, while nationally, the residential construction sector in Ireland experienced mixed fortunes as the rate of growth fell sharply in the last quarter of the year according to the latest edition of the National Housing Construction Index. While both planning applications (+12%) and project commencements […]

Rents in Offaly 7.5% higher than a year ago.

Year-on-year inflation in rents nationwide eased in the final three months of 2014, according to the latest quarterly Rental Report by Daft.ie. The national average rent between October and December was just under €950, that’s 9.7% higher than last year.  However, this is down from a 10.8% annual increase in the second and third quarters […]

House prices in Offaly 7% higher than a year ago

The average asking price for a house in Ireland fell by 1% in the final three months of 2014, according to the 2014 Year in Review House Price Report released today by Ireland’s biggest property website, Daft.ie. This is the first time since mid-2013 that the average house price fell in a three month period. […]