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    Archived pages: 512 . Archive date: 2012-07.

  • Title: Irish Property News
    Descriptive info: Irish Property News.. Home Buyers Guide 2009.. 09/07: Asking prices hit lowest level since 2006.. The most severely affected counties are Monaghan and Sligo with drops of 11.. 8% and 12.. 8% respectively, while in Offaly, Louth and Cavan prices have fallen just under 10%.. According to Ronan Lyons, economist with Daft.. ie "In many areas we are seeing severe downward pressure on prices due to a surplus of housing stock for sale.. As long as house sellers find themselves in such a crowded marketplace there will be continued pressure to reduce prices in order to attract buyers' attention".. The report also highlighted how many house sellers new to the market have unrealistic price expectations, listing their properties at higher prices than those  ...   key factor affecting house prices in the future.. "With oil prices close to $150 a barrel and pump prices in Ireland hitting record highs, I suspect that many prospective and current property owners are reassessing the costs and benefits of long-term commuting.. Falling house prices in commuter areas is likely to become more evident in Ireland over the coming years as economic and quality of life factors discourage long-term commuting trends.. ".. The full report, containing an overview of regional trends and commentary by Fergal O'Brien, Senior economist, IBEC, is available online at.. www.. daft.. ie/report.. Back.. Mortgage Quote.. Property Surveys.. Snag Lists.. BER Energy Ratings.. Property Guides.. Property News.. Home Buyers Guide 2009.. HOME BUYER WEBSITES:.. 2009.. Pay Per Click.. by.. PPC Ireland..

    Original link path: /News/Details.asp?id=153
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  • Title: Irish Property News
    Descriptive info: 08/07: Main Irish Bank Stocks hit hard as ISEQ falls 5%.. At 9.. 18am, the Dublin market was 4.. 8 per cent lower at 4,621, a fall of 237 points.. Leading the way down was Bank of Ireland, which has seen its shares plunge through the 5 mark to 4.. 55, a drop of over 10 per cent.. Analysts said the interim management statement from the Bank revealed that the business environment has changed significantly since it published full-year results in May.. Continue reading from source:.. IrishTimes.. com..

    Original link path: /News/Details.asp?id=152
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  • Title: Irish Property News
    Descriptive info: 08/07: Irish Life & Permanent slump 10%.. IL P shares have now lost over a quarter of their value, or 27pc in little more than a week.. Most of the damage was done last Tuesday in the wake of a downgrade on the group's debt  ...   had cut its IL P rating from B to the current level of C plus.. The bank yesterday welcomed Moody's' decision to leave its debt rating unchanged, adding that in the current economic climate the move to change the outlook to "negative" was not unexpected.. Independent..

    Original link path: /News/Details.asp?id=151
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  • Title: Irish Property News
    Descriptive info: 08/07: Revenue use estate agents to catch tax dodgers.. If tax officials suspect they have been given incorrect information, valuers will be called in to calculate the market value of buildings or land so the correct amount of capital gains tax (CGT) can be levied.. The estate agents, who will not have been involved in the sale, are expected to provide an  ...   collectors can ensure they are receiving the correct amount of CGT.. The tax, which is charged at 20pc of the sale price of assets, is charged on property transactions which do not involve a family home.. The agents will only be used in cases where Revenue suspect the amount a property was sold for has been under-declared to reduce a tax bill..

    Original link path: /News/Details.asp?id=150
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  • Title: Irish Property News
    Descriptive info: 03/07: David McWilliams - Japan's housing slump was scary, and ours could be too.. This happened, not in a corrupt, tin-pot dictatorship, dependent on commodities for its sole exports, but in the world s most sophisticated economy, with the most dynamic financial sector and a history as the world s pre-eminent innovator.. Could it happen here? Will Irish house prices fall back to levels seen in 2000/2001 or even to levels seen last century? Will our house prices drop by 70pc before they stabilise? These numbers need to be considered because there are plenty of reasons to be fearful.. DavidMcWilliams..

    Original link path: /News/Details.asp?id=149
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  • Title: Irish Property News
    Descriptive info: 03/07: ECB puts rates up to 7 year high.. ECB president Jean-Claude Trichet told reporters the rise would help to cool price increases, but the bank would continue to watch inflation closely.. Euro zone inflation hit a record 4% in June.. While most analysts believed the bank would now keep its main rate stable for the rest of 2008, financial markets saw it heading higher.. With economic indicators showing the euro zone economy slowing down quickly, dogged inflation - some see it reaching 4.. 2-4.. 3% in August or September - has put the ECB in a bind.. RTE..

    Original link path: /News/Details.asp?id=148
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  • Title: Irish Property News
    Descriptive info: 26/6: Price of average home has dropped by 30,000 in year.. On a day when the bad news for the property market piled up, the head of the European Central Bank also indicated yesterday that interest rates were likely to rise next Thursday.. New figures out yesterday showed that the price of a house nationally was now down by almost 30,000, after prices fell by 9.. 5pc in the past year.. And the fall in house prices accelerated in May, according to the Permanent TSB/ESRI house price index..

    Original link path: /News/Details.asp?id=147
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  • Title: Irish Property News
    Descriptive info: 25/6: Trichet rules out 'series' of rate rises.. Jean-Claude Trichet told the European Parliament he had never said the bank would envisage a series of increases.. But he also repeated that a small increase in the ECB's main interest rate - currently at 4% - was possible on July 3..

    Original link path: /News/Details.asp?id=146
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  • Title: Irish Property News
    Descriptive info: 25/6: New PTSB House Price Index shows further reductions.. Wednesday 25th June 2008.. Average national house prices fell by 1.. 2% in May according to the latest edition of the.. permanent tsb / ESRI.. House Price Index.. This follows reductions [1.. 1%] in April, [0.. 7%] in March, [0.. 8%] in February and [0.. 7%] in January.. In the first five months of 2008 average national prices fell by 4.. 4%, compared with -3.. 3% to April 2008.. Measuring the rate of growth in the 12 months (year on year) to May, average national prices were down by 9.. 5%.. This compares to a decline of 9.. 2% recorded in the 12 months to April.. The average price paid for a house nationally in May 2008 was euro 275,176.. This compares to euro 287,887 in December 2007.. Commenting on the results, Niall O Grady, General Manager Business Strategy,.. permanent tsb.. said: The combination of higher customer mortgage rates and weaker confidence in the economy is increasing uncertainty about the immediate future of the property market.. This has resulted in lower demand thereby reducing transaction numbers and property prices.. Dublin.. V Rest of Country:.. Dublin house prices fell by 1.. 6% in May while houses outside Dublin reduced by 0.. 8%.. In April the relative price changes were -0.. 9% and -0.. In the first five months prices for Dublin and Outside Dublin were down 4.. 3% and 4.. 4% respectively.. The equivalent changes last year were -0.. 6% and -2.. 3%.. House prices were reduced by 10.. 4% and 8.. 4% in the twelve months to May 2008 in Dublin and Outside Dublin respectively.. The equivalent changes in the twelve months to April were -10.. 0% and -8.. The average price paid for a house in Dublin and outside Dublin in May 2008 was EUR 380,329 and EUR  ...   last year.. House prices in this category were reduced by 2.. 9% year on year to May 2008 compared with 3.. 5% to April 2008.. The price of a 3 bedroom semi in May 2008 was euro 292,496 - down from euro 299,412 recorded in Dec.. 07.. First time buyers V.. Second time buyers:.. House prices for first-time and second-time buyers were reduced by 1.. 2% and 1.. 5% respectively in May 2008.. In April the equivalent rates showed reductions of 0.. 6% and 1.. 1%.. Year to date prices for first-time and second-time buyers were down 5.. 2% respectively, while growth rates for the same period last year were -2.. 3% and.. -2.. House prices were reduced by 9.. 4% and 9.. 9% year on year to May 2008 for first-time and second-time buyers respectively.. The equivalent rates to April were reductions of 10.. 0% and 8.. 9% respectively.. The average price paid by a first-time buyer and a second-time buyer in May 2008 was EUR 246,925 and EUR 308,144 respectively.. The equivalent prices in December 2007 were EUR 260,786 and EUR 321,498.. New V.. Existing Houses.. House prices for new and second-hand houses reduced by 1.. 7% and 1.. In April the relative price reductions were 2.. 0% and 0.. Year to date prices for new and existing houses were down 4.. 9% and 3.. 5% respectively.. 5% and -2.. 4%.. New and second hand house prices fell by 8.. 3% and 10.. 0% respectively year on year to May 2008.. The equivalent changes to April were -7.. 6% and -9.. 3% respectively.. The average price paid for a new house in May 2008 was EUR 276,215, while that paid for a second hand house was EUR 274,716.. The equivalent levels in December 2007 were EUR 290,296 and EUR 284,608.. View the full list of.. house prices..

    Original link path: /News/Details.asp?id=145
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  • Title: Irish Property News
    Descriptive info: 25/6: Lenihan admits 'serious problem' with economy.. However he said that the Government would take resolute, prudent and determined action to deal with it.. The report said the economy will experience a recession this year for the first time since 1983.. Speaking on RTÉ Radio's.. News At One.. , Mr Lenihan said the  ...   not spend more on services that we can afford.. But he said the Government needed to invest in projects that will give a real return in the future.. Also on the programme, Fine Gael Finance Spokesman and deputy leader Richard Bruton said the ESRI report showed the Government has wasted the economic boom..

    Original link path: /News/Details.asp?id=144
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  • Title: Irish Property News
    Descriptive info: 25/6: Raised Interest.. The move from the European Central Bank (ECB) comes on top of a succession of rate rises by banks and building societies.. The lenders have upped the cost of borrowing for new buyers taking out new trackers, whether they be first-time buyers or people switching lenders.. The credit crunch, which has made lending between banks more expensive, gets the blame here.. And existing borrowers on standard variable rates have seen their borrowing costs go up..

    Original link path: /News/Details.asp?id=143
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  • Archived pages: 512