A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity.
The new monthly report gives key figures on the health of both sale and rental markets, with figures showing a 0.2% rise in rents nationwide in the year to June 2020.
The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent
According to a new Daft.ie Housing Market Report released today, residential sale prices rose by an average of 3.7% in May 2020, having fallen by 5.5% in April 2020.
Ireland property portal Daft.ie's newly released Property Sales Report says the number of homes listed for sale in Ireland has fallen dramatically, in the wake of the Covid-19 pandemic and the restrictions of everyday life.
Irish property listings site Daft.ie is reporting this week that home rental supply is significantly rising based on the spike of listings posted in March 2020.
Global property consultant JLL is reporting this week that worldwide commercial real estate investment volumes increased by 10% in the fourth quarter of 2019, to $245 billion. This brought full-year activity to $800 billion.
Prime regional country house prices in the United Kingdom were unchanged in the final three months of 2019, taking the annual change in values to -0.8%. Prices have been flat or declining for the past three years.
Home prices in Ireland fell by 1.2% during 2019, the first calendar year recording a fall in prices since 2012. The average price nationwide in the final quarter of the year was €250,766, 2.4% lower than in the third quarter and 1.2% lower than a year ago.
According to global real estate consultant Knight Frank, home prices across 56 countries and territories worldwide are rising at an annual rate of 3.7% on average. This marks the index's slowest rate of growth for over six years.
Ireland home prices in 2019 grew by 1% year-on-year and 715 properties were sold so far this year that are worth €1m or more.
With capital growth in most prime residential markets around the world shrinking in 2019, the global economic landscape looks markedly different from that a year ago.
According to the latest quarterly Rental Report by Daft.ie, residential rents rose by an average of 5.2% nationwide in the year to September 2019. This marks the lowest rate of rental inflation across the country since the second quarter of 2013.
According to global property consultant JLL, take-up for Ireland office space in Q3, 2019 totaled 394,093 sq. ft across 44 deals. This is 19% higher than last quarter, in the year-to-date; take-up is 2.2 million sq. ft.
According to the new Future Gazing: Logistics - The Last Mile Report by global property adviser Knight Frank, optimal locations for 'last mile' logistics space is now being driven by not just where online shoppers live and work but also the increasing complexity of delivery models.
According to Daft.ie, Ireland housing prices in the third quarter of 2019 were just 0.1% higher than a year previously, effectively marking the end of six years of rising housing prices.
According to Ireland property portal Daft.ie, the number 13 is a very unlucky when it comes to Ireland home addresses, or dates on a calendar when selling.
According to Daft.ie, Ireland rents rose by an average of 6.7% nationwide, in the year to June 2019. This marks the lowest rate of rental inflation across the country since the final quarter of 2013.