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

  • Title: Irish Property News
    Descriptive info: Irish Property News.. Home Buyers Guide 2009.. 21/1: Winning early battles in subprime war.. Even so, it may be too soon to declare victory beyond the staid environs of money markets.. Analysts agree the pain of bad mortgage investments that started it all will burden banks and the broader economy for years to come.. In Ireland the impact has been manifest in the dire performance of the Irish banks, with the share price of both AIB  ...   War.. Real or imagined, investors fear that the performance of the Irish banks and other major companies on the Dublin Stock Market, are inextricably linked to the fate of the US economy rather than to anything which happen on this side of the Atlantic.. Continue reading from source:.. Independent.. 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=80
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  • Title: Irish Property News
    Descriptive info: 21/1: Dublin house prices fell 10% in 2007.. According to the IAVI's assessment of 2007, Dublin was the most serious casualty of falling house prices last year, but prices paid for second-hand apartments fell by as much as 17%.. It says 40,000 Dublin apartments are vacant, causing concern that prices will continue to fall more in that sector.. RTE..

    Original link path: /News/Details.asp?id=79
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  • Title: Irish Property News
    Descriptive info: 22/1: Estate Agents not hiring because of property slump.. Among those to confirm that they are not actively recruiting new staff for their residential divisions are Sherry FitzGerald and Douglas New Good (DNG).. The Institute of Professional Auctioneers and Valuers (IPAV), which represents auctioneers, said temporary and seasonal staff were among those affected.. "New staff are not being taken on," said Fintan McNamara, chief executive of the IPAV.. "People who are employed on a short-term basis are being let go.. ".. Continue reading from soruce:..

    Original link path: /News/Details.asp?id=78
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  • Title: Irish Property News
    Descriptive info: 23/1: Michael Lynn's house goes for 4.. 9 million at auction.. The auction, held in Lisney's city centre auction rooms, saw significant interest.. The auctioneers were happy with the sales price, indicating that if the strength of this sale was reflected in the market as a whole this year, the property market would make a decent recovery..

    Original link path: /News/Details.asp?id=77
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  • Title: Irish Property News
    Descriptive info: 23/1: ECB may cut rates by 0.. 5% after Fed slashes rates by 0.. 75%.. The cuts when they come, probably no sooner than mid-year, will be good for borrowers struggling with massive home loan repayments.. They will also make it easier for aspiring homeowners to  ...   fall.. From a European and a UK perspective, the Fed cut adds to the risk of more and quicker rate cuts, said Amit Kara, economist at UBS AG in London who predicts four cuts from the Bank of England this year and two by the ECB.. Examiner..

    Original link path: /News/Details.asp?id=76
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  • Title: Irish Property News
    Descriptive info: 25/1: ECB Refuses Interest Rate Cut as EU growth falters.. As share prices went into reverse across Europe, Trichet ignored calls for action on rates instead reaffirming his bank's commitment to the war against inflation.. But even though he has ruled out an immediate cut,  ...   and service-sector growth across the single currency as evidence that the bank will have to cut rates soon.. The slowdown was blamed for a 0.. 5pc drop in the value of the euro against the dollar yesterday, with the single currency falling back to $1.. 45..

    Original link path: /News/Details.asp?id=75
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  • Title: Irish Property News
    Descriptive info: 25/1: Dublin: Reduced Prices..

    Original link path: /News/Details.asp?id=74
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  • Title: Irish Property News
    Descriptive info: 25/1: ECB likely to cut rates by half a percent this year, according to Bank of Ireland.. The past few months has seen a dramatic change in interest rate expectations, first in the US, then in the UK and belatedly, in the euro area, said Dr Dan McLaughlin, Group Chief Economist, Bank of Ireland in his Global Markets research bulletin published today (Friday 25 January, 2008).. The catalyst for this re-appraisal was a re-assessment of the economic outlook for the US and hence the global economy, with some commentators now predicting a recession in the States, rather than a further period of sub-trend growth.. The housing market there has certainly deteriorated rather than stabilised and the credit crunch has prompted concerns that the banking sector, under pressure from sub-prime losses, will cut back on new lending.. The labour market also appears to have weakened, having held up well for most of 2007, and any further softening could undermine the consumer.. The Federal Reserve is worried, and although it believes a recession can be avoided, the scale of its concern was clearly demonstrated by the recent inter-meeting cut in rates, the 75bp reduction bringing the total fall in rates since September to 1.. The global economy has boomed in recent years, despite sub-trend US growth, but investors now fear that a full-blown US recession would have serious implications for world activity.. Consequently, equity markets have tumbled, shipping rates have declined and commodity prices have started to weaken, including oil - the  ...   is also convinced that the Bank of England will have to embrace an aggressive easing stance and the futures market is pricing in a Bank rate of 4.. 5% this year, from the current 5.. 5%.. This expectation, alongside other negatives for the UK economy, including increased political uncertainty, the Northern Rock debacle and a change in the tax code for non-residents, undermined sterling, which slid across the board, with the euro trading at over 76 pence at one stage.. Sterling has rallied since and we expect some further gains against the euro because the market perceives a change in tack from the ECB, with euro rates now seen to be on the way down.. The Bank had talked of rate hikes but the rhetoric has shifted of late, at least for some Council Members, with more concern voiced about the outlook for growth and the need for the ECB to revise down its forecast for euro area economic activity in 2008.. It was always unlikely that the ECB would raise rates against the current US backdrop, in our view, but the result of this new tone emanating from Frankfurt is that the market is now pricing in at least a half percent cut in ECB rates this year, bringing it in line with our forecast.. This marked change in rate expectations has in turn weakened the euro, and we also expect it to trade lower against the US dollar and sterling in the coming months, concluded Dr Dan McLaughlin..

    Original link path: /News/Details.asp?id=73
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  • Title: Irish Property News
    Descriptive info: 28/1: What is your house worth now?.. If you re thinking of selling your home during 2008, you face a stark choice.. With prices in many parts of the country having fallen back to levels last seen at the end of 2005, the option for vendors is to accept the changed reality and  ...   hope that the market will recover.. But for the moment at least, a recovery does not seem to be on the horizon.. The financial markets remain jittery despite the US Federal Reserve announcing an emergency interest rate cut of 0.. 75 per cent in an effort to restore confidence in the economy.. ThePost..

    Original link path: /News/Details.asp?id=72
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  • Title: Irish Property News
    Descriptive info: 28/1: David McWilliams - Fundamentalists still preach the false gospel of property.. In the past week, various experts have been wheeled into radio studios around the country to explain two things: first, why the Irish and global stock markets are so volatile and secondly, why Irish house prices are falling dramatically.. The most ridiculous aspect of this  ...   stockbrokers or estate agents.. They are the fundamentalists.. If you close your eyes, you could imagine them emerging with long beards, Kalashnikovs and a copy of the financial equivalent of the Koran under their arms, believing in the fundamentals.. Last year we were told there would be no problem because Ireland was different.. Our fundamentals were sound.. DavidMcWilliams..

    Original link path: /News/Details.asp?id=71
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  • Title: Irish Property News
    Descriptive info: 01/02: PTSB House Price Index.. Year-end edition (2007) of permanent tsb / ESRI House price index published.. Prices nationally declined by 7.. 3% compared to growth of 11.. 8% in 2006.. Price reduction in second half stronger than that in first half.. Price reduction highest in Dublin (-7%) compared to Outside Dublin (- 6.. 4%).. Prices for existing houses (- 9.. 0%) decline more than prices for new house (- 4.. 1%).. Friday 1st February 2008.. The 2007 year-end edition of the.. permanent tsb.. House Price Index - compiled in association with the ESRI - reveals that house prices nationally declined by 7.. 3% in 2007 - compared to an increase in average national prices of 11.. 8% during 2006.. The index reveals that prices declined more in the second half of the year than in the first with falls in average national prices of 4.. 7% [second half of year] and 2.. 6% [first half of year] respectively.. This pattern is in keeping with the trend established in 2006 when the rate of house price growth declined as the year progressed.. In that year, average national prices rose 8% in the first half (2006) and by 3.. 8% in the second half (2006).. A year ago it was noted that the rate of growth in the first half of 2006 represented an exceptional outperformance.. The index for 2007 also reveals that the national average cost of houses for First Time Buyers declined by 6.. 5% during 2007.. This was somewhat less of a decline that experienced for the Second Time Buyer market where the national price average declined by 7.. 9%.. The average price paid for a house by a First Time Buyer stood at euro260,786 at the end of December 2007.. This was a decrease of over euro18,000 compared to December 2006.. December Figures:.. Looking specifically at December, the price of houses nationally declined by 1.. 5% during the month, compared to a decline of 1.. 1% in November.. The average price paid for a house nationally in December 2007 was euro287,887, compared to 310,632 recorded in December 2006.. permanent tsb comment on figures:.. Commenting on the results, Niall O'Grady, Head of Marketing at.. bank said: "After  ...   EUR427,343 and EUR266,339 respectively.. Commuter Counties: - Louth, Meath, Kildare Wicklow.. House prices in the commuter counties of Dublin fell by 0.. 8% in December 2007, compared to a fall of 0.. 5% in November.. The annual fall in prices in 2007 in the Commuter counties at 6.. 6% was just below Dublin levels (7.. 0%).. The comparable figure in 2006 was growth of 15.. 2% for Commuter counties.. The price of a house in the commuter counties in December 2007 was euro321,403.. This compared to euro344,186 in December 2006.. 3 Bedroom Semi-detached Houses.. 3 bed semi-detached house prices fell by 1.. 4% in December, while in December 2006 they rose by 0.. 4%.. House prices in this category fell by 4.. 0% in 2007 compared with a rise of 13.. 5% in 2006.. The price of a 3 bedroom semi in December 2007 was euro299,412 - down from euro311,906 recorded in December 2006.. First time buyers V.. Second time buyers:.. House prices for first-time and second-time buyers were reduced by 0.. 3% and 1.. 6% respectively in December 2007.. In November 2007 the equivalent decreases were 0.. 1% and 1.. House prices fell by 6.. 5% and 7.. 9% in 2007 for first-time (FTB) and second-time buyers (STB) respectively.. The equivalent price movements in 2006 were + 11.. 8% and + 12.. 2% respectively.. The average price paid by a first-time buyer and a second-time buyer in December 2007 was EUR260,786 and EUR321,498 respectively.. The equivalent prices in December 2006 were EUR279,003 and EUR349,213.. New V.. Existing Houses.. House prices for new and second-hand houses fell by 0.. 2% each in December 2007.. In November the relative price changes were down 0.. 7% and 1.. 2% respectively for new and second hand houses.. New and existing house prices declined by 4.. 1% and 9.. 0% respectively in 2007.. The equivalent movements in 2006 were price increases of 9.. 6% and 10.. The average price paid for a new house in December 2007 was EUR290,296 while that paid for a second hand house was EUR284,608.. The equivalent levels in December 2006 were EUR302,645 and EUR312,709.. View the full list of.. house prices.. View the.. 2007 Full Year Review Presentation..

    Original link path: /News/Details.asp?id=70
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    Archived pages: 512