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Posts Tagged ‘Daft Report’

  • The Daft House Price Report - 2010, A Year in Review

    By , Posted at 6:25 am, January 5, 2011 in Daft Report.

    The latest Daft.ie House Price Report was released this morning.

    The report found that asking prices for residential property around the country fell by almost 5% in the final quarter of 2010, meaning that the total fall in asking prices during the year was 14%.

    By the end of 2010, the national average asking price had fallen by 40% from the peak in 2007 and stood at just below €220,000. The typical time it takes to sell a property remains high but has fallen from 41 weeks to 36 weeks over the course of the year.

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  • 10 MOST Expensive Areas in Cork Revealed

    By , Posted at 12:39 pm, October 12, 2010 in Daft News.

    A couple of weeks ago, we brought you the most expensive areas in Dublin, but today it's Cork's turn!

    CorkWe split Cork (city and county) into almost fifty different areas and interestingly we found that the most expensive area is about twice as expensive as the least! The least expensive areas being located in the North-West quarter - Dunmanway, Mitchelstown and Charleville.

    We also found that there are parts of Cork county outside the city areas that are every bit as expensive, on a like for like basis, as prime urban Cork. For example, in the middle of the rankings, Cobh and the North-West part of Cork city are surrounded by the Glengariff area (slightly more expensive) and Bandon (slightly less expensive).

    So moving to our list,  in number one position is.......drumroll....

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  • Daft Report Q3 2010 - house prices still falling!

    By , Posted at 3:03 pm, October 5, 2010 in Daft Report.

    Ronan has done the number crunching for quarter 3 and it seems that property prices are still falling. They fell by 3.7% during the past quarter which means they're down 37% s2010-Q3-sale-askingince the peak.

    However, he's also found that properties are still selling,  "Of the 5,000 properties listed for sale during April, about two in five have now sold."

    You can read more details on our daft report page or read the press release. Also keep out an eye on Ronan’s blog for further analysis and commentary.

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  • Top ten MOST expensive areas in Dublin......

    By , Posted at 9:32 am, September 7, 2010 in Daft News.

    Most expensive house in Sandymount on Daft.ie

    Most expensive house in Sandymount on Daft.ie


    Ever wonder which part of the country has the highest property prices? Here at Daft.ie, we do a lot of research on the property market. Most of it is for the quarterly daft.ie reports on the sales and rental markets. But, with five years of sales data, and ten years of rental data, there really is lots in there above and beyond the latest market trends.

    Over the coming months and years, we'll be working with leading economists at home and internationally, and digging into the dataset to see what goodies are hiding away in there. So, ever been interested in the how much extra value is added to your home by living on the coast? Or how about how much extra people pay in rent for living next door to a Luas stop or a Dart stop? Stay tuned to find out!

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  • Daft Rental Report out - Rents largely unchanged in second quarter of 2010

    By , Posted at 9:57 am, August 19, 2010 in Daft News.

    The latest Daft Rental Report was released this morning, covering April to June 2010.

    Rents across the country fell by less than 1% during this time. In July, the average asking rent in the country was just over €835 per month, down 5% on the same time last year.

    In the second quarter of the year, rents fell by between 1% and 3% in Dublin, Cork and Waterford city centres. In Galway city and Limerick city, rents increased by up to half a percent, while elsewhere in the country rents fell by 1% on average. Commenting on the report, Ronan Lyons, Economist with Daft.ie said, "The year-on-year fall in rents is now at its slowest pace in two years, suggesting that the rental market may be close to stabilising. Nonetheless, the total stock of properties available to rent remains high, which means we are unlikely to see rents rising rapidly in the near future."

    With Leaving Certificate results out yesterday, the latest figures will be welcome news for new and returning college students. This is the third year in a row that rents have been lower than the previous year. Compared with 2007, a typical student renting a two-bedroom property could expect to save between €1,500 and €4,000 over the course of the academic year.

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  • Daft House Price Report - Asking prices fall 4% in second quarter of the year

    By , Posted at 8:38 am, July 13, 2010 in Daft Report.

    The latest Daft House Price Report was released this morning, covering quarter 2, 2010.

    The report found that asking prices for residential property around the country fell by 4.2% during the second quarter of 2010. The national average asking price for property has fallen 37% since the peak and now stands at €220,000. The average time to sell a property is eight months, down from 10 months at the start of the year.

    In Dublin prices fell by 5% in the past 3 months and are now 40% lower than prices seen during the peak. Elsewhere in the country, prices are 34% below the peak on average. In Cork and Limerick prices fell by 3% and 2% respectively during the last three months, while prices in Waterford fell by 7%. The largest falls in the country were in Donegal, Cavan and Monaghan, where asking prices fell by an average of 11%, having been static for the past six months.

    Ronan Lyons, economist with Daft.ie, said: "While falls in asking prices are slower than last year, the market is still in adjustment and the total stock for sale, particularly outside the main cities, remains high. Nonetheless, evidence from Dublin in particular shows that properties are selling. Almost half the number of properties listed in the capital in January are now sale agreed or sold."

    He continued, "Around the country, about 5,000 properties were listed for sale in April. Of these, 15% of properties have already been sold, while a further 10% are sale agreed. This represents a slight slowing down, compared with the first quarter, when 20% of properties listed in January were sold by April 1, with a further 10% sale agreed."

    The full report, including a commentary by Jim Power, Economist at Friends First, is now available at www.daft.ie/report.

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  • Ready? Steady? Go!

    By , Posted at 9:00 am, June 18, 2010 in Daft News.

    After 3 months of preparations for the Round Ireland Yacht Race we're ready to set sail!

    Mark Pollock and Mick Liddy on the Team Daft Yacht, along with 37 others boats, will depart Wicklow Bay this Sunday (20th June) at 12 noon!

    The race is a 1,400km clockwise loop of Ireland and I hope that many of you will link into the GPS Tracker on the boat to follow the race progress.

    Keep an eye out for us!

    facebook.com/TeamDaft

    daft.com/TeamDaft

    twitter.com/TeamDaft

    Mark Pollock & Mick Liddy on the Team Daft Yacht

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  • Daft Rental Report out - rents show signs of stabilisation in early 2010

    By , Posted at 10:13 am, May 25, 2010 in Daft Report.

    The latest Daft rental report for Q1 2010 was released this morning.

    The report found that rents fell by just under half a percent in the first quarter of 2010. Having risen in January, rents fell back slightly over the past few months and the average rent nationwide now stands at just under €760.

    The findings of the report show a lot of variation between different areas around the country, but overall tentative indicators are that the market is beginning to stabilise.

    Read the full report, including a commentary by Jill Kerby, Personal Finance Journalist with the Sunday Times, at www.daft.ie/report.

    Daft economist Ronan Lyons has some further analysis over on ronanlyons.com, including a look at exactly how much extra certain white goods can add to a property's rental value, with specific focus on the rise and fall of the "dishwasher premium"!

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  • Daft House Price Report out today

    By , Posted at 9:00 am, April 7, 2010 in Daft News, Daft Report.

    The latest Daft house price report for Q1 2010 is just out.

    The report found that asking prices for residential property around the country fell by 3.4% during the first three months of 2010, the smallest quarterly fall in almost two years.

    The national average asking price during March 2010 was €234,000, a total of €120,000 or 33% below the peak in 2007.

    Read the full report, including a commentary by Brian Lucey, Associate Professor at TCD School of Business, at www.daft.ie/report

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  • Irish Rents May Have Reached the Bottom

    By , Posted at 12:23 am, February 16, 2010 in Daft Report.

    The latest Daft rental report is just out and it shows that rents rose by 1% in January. It's probably still too early to call as rents are still down 25% from peak, but the rental market may have reset to a new level and stabilised.

    Read the press release here

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