Five years, six property markets, mixed fortunes

A quick post looking at how property prices have changed in six cities since 2005.

How much are rents falling around the country?

A review of the latest trends in Ireland’s residential lettings market, from the Q1 2009 Daft.ie Rental Report, including a map of the changes in rents by county.

How many Irish homes are in negative equity?

Ireland’s property market is currently in rewind. Homes now are at March 2005 values – or July 2004, if asking prices are 10% above closing prices. Figures from daft.ie, the Census and the Dept of the Environment allow an estimate of both the number of homes now worth less than when they were bought – about 725,000, or 40% of homes – and how many of those are in negative equity -about 340,000, or 20% of homes.

The first cut is the deepest – Dublin’s falls and Ireland’s property paradox

This week’s daft.ie report revealed some intriguing findings in relation to the current state and trajectory of Ireland’s property market. As was discussed yesterday, for example, while east peaked earlier than west, north has fallen further than south since the peak. One of the conclusions of both these findings is that Dublin and its commuter [...]

Lopping the top half off & Ireland’s property market in a global perspective

On Monday the latest daft.ie report came out, showing that asking prices had fallen just over 4% in the first three months of the year. Yesterday, I changed focus on the blog a little, as it was Budget day, and tried instead  to put some numbers on what a potential property tax could raise. Today, [...]

Irish house prices fall 4% since the start of 2009 – latest daft.ie report

Ireland’s property slump marked it second birthday today, with the news from the latest daft.ie report that asking prices for residential property fell 4.2% in the first three months of 2009. This latest drop in prices marks the eight consecutive quarter that prices have fallen. As the official press release notes, the national average asking [...]

So long recession (for a day at least): Streamgraphing Ireland’s Twitter-news!

Another month, another visualization method! This time it’s Twitter StreamGraph, which tries to show a river of topics related to a keyword over time. It’s early days for this particular method, I think – having a range of options, such as number of tweets, or a particular time period, etc., would be very handy, but [...]

Ireland-AM Interview on regional property trends in the Daft Report

How did Roscommon’s property market fare in 2008, compared to Limerick’s? Why? For some thoughts on the above, and on South County Dublin, Cork City and Kilkenny, as a representative smattering of the regional tidbits in the latest Daft Report, you can catch a five minute or so interview on January 15′s Ireland AM on [...]

Hair of the dog: With rents fallings, ECB cuts the only thing likely to drag yields above borrowing cost

The third and final (for 2008 anyway) instalment in the visualizations of Ireland’s property market takes a different look again to my recent posts on trends in prices and stock. Building on the measure of affordability on page 10 of each daft.ie rental report and a suggestion made on thepropertypin.com, it measures the gap between [...]

Breadcrumb history gets underway: So, who was “Bully” Egan?

A couple of weeks ago, I wrote a post about Dublin in the 1780s. While the whole idea of a suburb called ‘Hell’ was what got me writing, references to characters long since gone, such as “Bully” Egan and Yelverton, got me thinking: ‘What do we know about these guys? Can we bring them guys [...]