Based on a new report by property portal Daft.ie, Ireland home prices rose by 2.4% on average during the first three months of 2022. The average listed price nationwide in the first quarter of 2022 was €299,093, up 8.4% on the same period in 2021 and just 19% below the Celtic Tiger peak.
The National Association of Realtors Senior Research Economist Scholastica Gay Cororaton is reporting this week that any decline in international real estate transactions from Russia's invasion of Ukraine will have little direct impact on the U.S. housing market.
According to the latest sales report from Daft.ie, Ireland housing prices rose by 7.7% on average during 2021. The average price nationwide in the final quarter of 2021 was €290,998, up 0.6% on the third quarter of 2021 and just 21% below the Celtic Tiger peak.
Based on a new Ireland Rental Report by daft.ie, residential rents in the third quarter of 2021 were an average of 6.8% higher than the same period in 2020. The average monthly rent nationwide between July and September was €1,516, up 2.6% on the first quarter and more than double the low of €742 per month seen in late 2011.
Based on a new global home affordability study from British based building supplier Roofing Megastore, Saudi Arabia, with an average annual salary of just over $20,354.90, and a 100 square meter (sqm) home costing just $90,774.38, is the world's most affordable country to buy a home in 2021.