News | Latest Breaking News Stories & Headlines

Property is the main source of wealth with 46% of gross wealth coming from the value of a person's main residence, the CSO explains

Household net wealth up 29% between 2020 and 2023 - CSO

New figures from the Central Statistics Office show that the median net wealth value of Irish households was €256,900 in 2023 - an increase of €58,500 or 29% on the 2020 value of €198,400.

Business • 11 Jun

New research has been published by the ESRI examining how Irish homes can be more energy efficient

Retrofitting rental sector would cost up to €8bn - ESRI

Four out of five rented properties are below the B2 standard and retrofitting the rental sector would cost between €7bn and 8bn, according to new research from the Economic and Social Research Institute.

Business • 21 Feb

Bríd O'Sullivan, Founder of Christies PMP and Director of Business Development, Quillsen, Marian McQuillan, Director, Quillsen

Quillsen buys letting agent Christies Property Management

Irish property management and lettings agency, Christies Property Management Partnership, has been bought by Quillsen.

Business • 18 Nov 24

Interest also rose in states that voted for Donald Trump

Searches for Irish property from US spike after election

Searches for Irish based property that originated in the US spiked markedly in the days following the election of Donald Trump as President.

Business • 18 Nov 24

Sherry Fitzgerald estimates that over the last three months, the average value of a home nationally has risen 1.8%

62,000 new homes needed every year - Sherry Fitzgerald

A new analysis has suggested that as many as 62,000 homes will be needed every year to meet demand for housing in the short term.

Business • 07 Oct 24

In Dublin six in every ten new homes sold last year were part of a block sale

'Less than 40%' of Dublin homes sold to individual buyers

Four out of every ten new homes sold last year across the country changed hands as part of a transaction where multiple units were sold together, new research has claimed.

Business • 30 Aug 24

The estate agency says rural areas in particular have been affected more severely than urban ones

Number of second hand homes for sale down 7% in July

There were just 12,785 second-hand houses for sale across the country last month, new research from estate agents Sherry FitzGerald has revealed.

Business • 20 Aug 24

Three quarters of agents reported low available housing stock levels on their books (stock image)

Property prices on course for 4.5% growth - estate agents

Estate agents expect property prices nationally to increase by an average of 4.5% over the next 12 months.

Business • 14 Aug 24

Nationally, 52% of tenancies were in apartments

Number of landlords rises 7% to 103,000, new data shows

The number of private registered landlords renting homes to tenants in Ireland rose by almost 7% to 103,035 between the middle of last year and March of this year.

Business • 08 Aug 24

MyHome said that in Dublin there has been a 19% drop in second-hand properties for sale since 2014

Number of homes for sale on MyHome down 50% on July 2014

The number of second-hand homes advertised for sale on a leading property listings website last month was half of what it was in the same month a decade ago.

Business • 07 Aug 24

As is so often the case with the property market here, there is a multitude of factors at play in driving prices higher

Why are property prices picking up steam again?

Property prices are firmly on the ascent once again. Having slowed last year on the back of a rapid succession of interest rate increases, the pace of price growth is showing signs of renewed momentum.

Business • 22 Jul 24

Prices in the west of the city increased by 3.7% on average

Cost of second hand homes in Dublin rise 1.9% in Q1

The average price of a used property in Dublin rose 1.9% between January and March compared to the previous three months, new data from DNG shows.

Business • 29 Mar 24

In Dublin prices were 3.2% higher in the first quarter than a year previously

Prices sought for homes rose 1.8% in first quarter - Daft

Asking prices sought for homes across the country climbed another 1.8% between January and the end of March compared to the previous three months, as supply remains constrained.

Business • 26 Mar 24

Firms may find WeWork's business model more attractive now than ever before

WeWork's woes come as the Irish office market stumbles

WeWork has hit the lowest ebb in its 13 year history - just at the time when the Irish office market needs its business model most, writes Adam Maguire.

Business • 13 Nov 23

Interest rate hikes appear to have spooked those looking to secure a mortgage, today's survey from MyHome.ie shows

Property market spooked by interest rate worries

Rising interest rates and ongoing supply problems are having a particularly negative impact on property market sentiment, according to a survey by MyHome.ie.

Business • 31 Oct 23

While major property markets are on course to record price falls this year, in Ireland it looks like it might be a flat year for property prices at the very worst

Are property price rises about to take off again?

The rate of increase in property prices as compiled by the CSO is continuing to slow. However, on a monthly basis, prices are taking off again and there are signs that asking prices are on the increase too. Could the property market - starved of supply - defy the rising interest rate environment?

Business • 01 Oct 23

Nana Collins, Country Manager for Ireland for Real I.S.

German property group Real I.S. opens Irish office

German real estate investment group, Real I.S., has opened an Irish office, with a view to expanding its portfolio here.

Business • 05 Sep 23

Respond said that 700 social and affordable homes could be completed this year and 900 by next year nationwide (stock image)

700 social homes could be finished this year - Respond

One of Ireland's largest approved housing bodies has confirmed it is on track to triple the number of social and cost rental homes that are ready for construction to over 4,100 in the coming months.

Ireland • 22 Aug 23

Housing demand remains resilient, according to the report's author

Home asking prices up 2.2% in second quarter - MyHome

Asking prices for homes across the country were 2.2% higher between April and June than they were during the same period last year, as the market began to show signs of stabilising.

Business • 10 Jul 23

Logistics was one area where investment remained strong

18% drop in corporate property investment in Q1

Corporate property investment fell by 18% in the first quarter, as foreign investors paused their activity, new research has claimed.

Business • 01 May 23

The drop in asking prices was particularly sharp in Dublin

Home asking prices fall for third consecutive quarter

Asking prices for homes fell by 0.3% in the first three months of the year when compared to the previous quarter, new data from property listings website MyHome.ie has found.

Business • 03 Apr 23

The decrease left the average asking price for a home nationally at €308,497

Asking prices for homes down 0.3% this year - report

Asking prices for homes fell 0.3% between January and the end of March, according to new data from property listings website, Daft.ie.

Business • 29 Mar 23

Micheál Martin said houses need to be constructed more rapidly (File: RollingNews.ie)

Call for reversal of eviction move amid supply concerns

The Taoiseach has said the Government is working with local authorities to increase the amount of emergency accommodation ahead of the expiry of the eviction ban at the end of the month.

Ireland • 15 Mar 23

The picturesque southeast is a popular spot for those looking to escape the city - but finding a property can be a huge challenge

High prices and low stock in southeast property market

The property market in the southeast of the country is a perfect microcosm of the national picture, writes Adam Maguire, with rising prices and low availability leading to problems for the local economy.

Business • 10 Feb 23

Redress scheme could cost up to €2.5 billion (Stock image)

Call for building oversight to be strengthened

A housing expert has said building inspections need to be "beefed up" following the latest redress scheme announced by the Government over defective apartments built during the Celtic Tiger era.

Ireland • 21 Jan 23