The Sunday Business Post asks: do vested interests keep house prices up?
Writing in the Sunday Independent, Ken MacDonald (of Hooke & MacDonald) has a bullish piece on why the Irish Property Market is no house of cards.
RTE reports that a survey of consumer attitudes conducted by the ESRI and IIB Bank, has found that house buying intentions among Irish consumers are now at their lowest level for more than a decade.
RTE also reports that official figures show a sharp drop in the number of planning permissions granted for new homes in Q4 2006.
The Irish Times claims that fears over the collapse of the housing market are spreading.
The Irish Independent (in a single issue) reports that homeowners are likely to face more interest rate hikes, runs the story of a buyer who having bought 3 years ago claims to be relieved they didn’t buy last year, editorialises that a period of “unnatural exuberence” may be leaving the property market, Brendan keenan has quite a bearish piece on his outlook for the property market, and the Independent finishes with a piece on the new House Price Index from Delta Index – which essentially allows spead-betting on the future of the Irish Property Market.
March 29, 2007 at 6:38 pm
Hi, When is the next Daft report coming out? Thanks in advance.
March 29, 2007 at 11:28 pm
The next Daft report will most likely be out on Monday or Tuesday.
March 30, 2007 at 12:40 pm
Just to let you know that the information you have concerning the price drop at Little Strand Street Skerries is incorrect. The original price included a mews which is not included in the new price. Therefore, it would be incorrect to say that the price dropped by 450,000.
March 30, 2007 at 1:28 pm
“Just to let you know that the information you have concerning the price drop at Little Strand Street Skerries is incorrect. “
When a report is published there is a ‘comments’ section under the report posting, this is where corrections etc can be posted. I’d advise all readers to always give the comments a quick scan, to see which automatically detected ‘drops’ are in fact invalid.
If you take a look at the posting for the report in question, you’ll see that a user called JTravers has already corrected this invaid drop, but thanks for the extra vigilance
“JTravers (over at http://www.thepropertypin.com), has spotted that the largest drop in the report (36% in skerries) is infact invalid:
“The headline property in Skerries is a mistake unfortunately – bungalow and “mews” is €1.250M, while bungalow alone is €800k. They have two separate but very similar entries so difficult to parse automatically I’d imagine.”
Thanks for the Catch.
April 2, 2007 at 10:34 am
a lot of talk of price drops in the market. There is not doubt that prices are dropping but i would not panic yet. if you divide the 24million in price drops by the number of houses for sale on myhome i dont think it would make as many headlines.
April 2, 2007 at 12:55 pm
“The next Daft report will most likely be out on Monday or Tuesday.”
Your almost as bad as the PermanetTSB/ESRI
April 2, 2007 at 4:52 pm
“Your almost as bad as the PermanetTSB/ESRI
”
Yeah but those guys get paid
The Daft.ie numbers are currently being crunched. However, it will be tuesday morning at the earliest, before they’re available in report format.