Friday August 14, 2020

Irish property in 2015: a tale of two markets

The cost of homes in the commuter counties has been driven up

3rd January, 2016
The Central Bank’s new mortgage lending rules have had an impact

As the dust settles on 2015 and we begin a new year, it is timely to reflect on housing market developments during the past 12 months. A first observation, given the sharply divergent trends in Dublin and elsewhere, is that the notion of a national market has never looked less adequate. Coming into 2015 prices in Dublin were rising at 22 per cent per annum. However this momentum gradually faded to mid-single digit growth. In...

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