Posts by Laura

Ireland’s pins hopes on digital construction

And so it begins… The Independent newspaper has run the first ‘Have we hit peak house prices – Is now the right time to buy?’ article of the expected market correction. This follows two months of similar news items across the US, Australia and much of the eurozone.  It is difficult to speculate about a price correction…

Read More

Rent Controls: A basic lesson in cause and effect

According to the European Commission, Ireland’s economy looks set to be the second-fastest growing economy in the eurozone this year, and it is expected to be the fastest growing economy next year. This follows a year of massive growth of 13.5 percent in 2021, which has been largely attributed to pharma and IT exports throughout…

Read More

Stark rental figures

Quite a lot happened for the industry this week… Setting aside the controversy within An Bord Pleanála, which is still unfolding, the Bord was the subject of a Currency.news feature this week, calling out “unimplemented institutional reforms, controversial government housing policies and relentless legal challenges”. At this stage, it is difficult to see how the proposed new…

Read More

The Opportunity of Obsolescence

Vacancy, dereliction and general obsolescence have always been features of the property market in Ireland, as they are of any property market. Economists even account for this when forecasting annual housing needs, for example, Ronan Lyons estimates a loss of approximately 8,000 homes in Ireland every year due to obsolescence. State attempts to tackle this…

Read More

Property Data: Own Your Insights

Planning was sought under the old SHD system for more than 9,000 residential units in the first two weeks of April. This “scramble” to meet the strategic housing scheme deadline of April 19th has been the subject of heavy reporting by The Irish Times. While the scheme is currently being phased out, developers can still lodge SHD…

Read More

A Natural Lesson in Mutual Reliance & Respect

Did you see that former President Barack Obama now has his own netflix show? It is an environmental docu-series that captures footage of wild spaces and wildlife from within ‘Our Great National Parks’, overlaid with commentary from the retired politician. Observing the survivalist behaviours of animals in the wild, he shares many wry insights that hint at…

Read More

Planning Regulator speaks out against flawed approach to planning

The first few reports of the new quarter focused on property price increases. This week, the focus is firmly on the supply side of the market. The latest BNP Paribas Real Estate Ireland Construction Total Activity Index recorded a slowdown in growth for Q1.  The slow down in growth was felt across all activities, including…

Read More

Dearth of Land Banks Impacting 2022 Delivery

Last week saw the release of a whole host of residential property reports showing average price increases of between 8.4 to 12.3 percent over the past 12 months, with no signs of a market slowdown. Similarly, the latest commercial reporting from JLL and CBRE revealed a strong start to 2022, with a figure of between…

Read More

The consumer’s choice is the industry’s opportunity

Three significant residential property reports were released this week. They came from MyHome.ie, Daft.ie, and the REA nationwide network of estate agents. There was a time, not that long ago, when the data for these reports might have been in conflict. But this is no longer the case, the discrepancies this quarter are slight, and…

Read More