Five years, six property markets, mixed fortunes

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

Where in Ireland has seen the biggest increase in unemployment?

My recent post on negative equity led to some discussions, particularly on irisheconomy.ie, about the financial (i.e. NAMA) and labour market (i.e. dole) implications of negative equity. Here, I use Live Register figures to work out which counties have been affected most by unemployment since the start of the recession. A group of counties from Laois up to Cavan appear worst affected, although all counties have seen unemployment at least double.

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 [...]

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 [...]

Ireland’s property overhang: Homeowners in Roscommon, Cavan and Leitrim beware

Last week, I posted a visualization of changes in asking prices for Irish property, since 2006, using the IBM Manyeyes tool. It’s proved very popular, not least with the crowd on thepropertypin.com. I’ve been happy to take suggestions on what’s the most important thing to be mapping and one suggestion – which ties in nicely [...]