transactions Archives - MyHome.ie Advice & Blog

Property transactions fall in 2016 but values rise

Blog, General, Home, Industry News, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer, The Investor, The Seller

The level of property transactions across the country fell by 3.5% in 2016 to 47,175 according to an analysis of the Property Price Register carried out by MyHome.ie. However while the level of transactions may have fallen, the total value of property transactions actually increased…

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Half of all property transactions in first half of 2016 paid for with cash

Blog, General, Home, Industry News, Mortgages & Money, Property News, The First Time Buyer, The Seller

Just over half of all property transactions in the first half of the year were paid for by cash. New figures show that some 10,665 transactions were obtained without a mortgage in the first six months of this year. This represented 50.6% of sales. The…

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Residential property sales still 50% below normal

Blog, General, Home, Market News, Mortgages & Money, Promoted, Property News

Turnover of Irish residential property is barely 50 per cent of what is considered “normal” in a healthy housing market. According to GeoDirectory, the State’s largest property database, there were just 43,428 residential property transactions last year from a total housing stock of more than…

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Transactions in 2015 exceed €10 billion for first time since 2008

Blog, General, Home, Industry News, Market News, Mortgages & Money, Promoted, Property News, The First Time Buyer, The Investor, The Overseas Investor, The Seller

There was €10.1bn in housing transactions in 2015, up 8% on the €9.3bn in 2014 according to the latest update of the Property Price Register. There were 45,276 transactions, up 4.6% on 2014, this is the strongest level since 2008. Furthermore, cash buyers continue to…

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Mortgage approvals up 12% year-on-year

Blog, General, Home, Mortgages & Money, Property News

New data from the Banking and Payments Federation, shows that mortgage approvals for house purchases were €447m in May, up 12.0% on the year. This compares with 60% annual growth recorded in the first quarter of 2015. Furthermore, the data suggests that the slowdown in…

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Transactions up by more than a third in first five months of 2015

Blog, General, Home, Industry News, Market News, Mortgages & Money, Property News, The First Time Buyer, The Investor, The Seller

As 2015 arrives at its halfway mark the property sector has put in a strong first half with house sales up by more than a third on the same period last year. Property price register figures show there were 16,897 transactions in the first five…

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Ireland has the fastest-rising property prices in the world

Blog, General, Home, Industry News, Mortgages & Money, Promoted, Property News, The First Time Buyer, The Investor, The Seller

Ireland has the fastest-rising property prices in the world this year, according to a new international study of global markets. The Knight Frank Global House Price Index shows Ireland's 12-month price growth of 15pc running at the fastest rate of all 54 countries surveyed. Liam Bailey,…

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Almost 16,000 mortgages issued so far this year

Mortgages & Money, Property News, The First Time Buyer

Almost 16,000 people have taken out a mortgage to date this year as an increasing number of people look to get on the property ladder. On average, 2,574 mortgages were approved in each of the summer months of June, July and August — 92% of…

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House sales in Dublin are up 23% in the first quarter of the year

General, Home, Industry News, Mortgages & Money, Property News

There has been plenty of talk about asking price increases in the media recently with everyone from the CSO and estate agents to MyHome.ie and other property sites declaring that prices are on the rise again. That is perhaps most notable in the capital where…

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