Over €770 million of Irish property was traded in the first 6 months of 2017. Although this is down from H1 2016, last year was an exceptional year.
According to the latest quarterly Rental Price Report by Ireland property website Daft.ie, residential rents in Ireland rose nationwide by an average of 13.4% in the year to March 2017.
According to global real estate advisory firm JLL, the amount of office space that has been occupied in Dublin in q1 of 2017 has totaled close to 550,000 sq. ft across a total of 40 deals. This is a steady level of take-up, and compared to the same period last year is up 11%.
According to JLL, just over $500 million of Irish property has traded in the first 3 months of 2017. Volumes were boosted by a few large transactions, with one deal greater than $106 million.
According to the latest quarterly Rental Report by Daft.ie, residential rents in Ireland rose nationwide by an average of 13.5% in the year to December 2016.
According to JLL, 2016 has been another strong year for office demand in Dublin, with 2.7 million square feet of office space occupied in the last 12 months across 232 deals.
According to the latest Ireland House Price Report released by Daft.ie this week, home prices in Ireland rose by an average of 8% during 2016. The rate of inflation in Dublin was 5.1%, below the national average.
According to Ireland property website Daft.ie, the bulk of new properties currently available that qualify for the Governments first-time buyers scheme are located in Dublin and Dublin's commuter counties.
Irish real estate firms like JLL broadly welcome the business and property-related measures announced in Ireland's budget this past week.
According to Ireland property portal Daft.ie, the national average asking price for a home in Ireland in the third quarter of 2016 was €221,000, compared to €205,000 a year ago and €164,000 at its lowest point.
According to Daft.ie's latest property report, the Irish pay on average 2.6% more to live close to a secondary school. This translates into a national average of €5,600 (USD $6,273) more to live 100 metres from a post-primary school.
Irish Property Index continued to perform steadily, with overall returns of +3.2% in the second quarter of 2016. This is the 19thconsecutive quarter of positive growth.
According to the latest quarterly Rental Report by Daft.ie, Irish residential rents rose nationwide by an average of 3.9% in the second quarter of 2016. This is the largest three-month increase in rents since early 2007.
According to global real estate consultant JLL, €2.3 billion ($2.54b USD) of commercial property has traded in last 3 months in Ireland. Year-to-date total volumes now stand at €2.9 billion ($3.2b USD).
According to Daft.ie's latest Ireland House Price Report, home prices nationwide rose by an average of 6.3% in the year to June 2016.
According to JLL, Ireland's industrial take-up in the first quarter of 2016 was 550,233 square feet. This is 48% lower than take-up in Q4 2015 and 55% lower than Q1 2015.
According to the latest House Price Report by Ireland property portal Daft.ie, Ireland home prices rose by an average of 5.9% in the year to March 2016. The divide between Dublin and the rest of the country persists, with prices effectively stable in the capital.
According to Daft.ie, residential rents in Ireland rose nationwide by an average of 9.0% during 2015. This compares to an increase of 10.7% in 2014 and 6.7% in 2013.