Search Results for 'Pat Davitt'

Commenting on the most recent CSO Residential Property Price Index for February IPAV, the Institute of Professional Auctioneers and Valuers, said the imbalance of demand over supply that auctioneers are currently seeing in the market is evident in the price increases in today’s index.

Responding to the recently published Residential Tenancies Board (RTB) rent index for Q4 2020, IPAV, the Institute of Professional Auctioneers and Valuers, said with rents staying inflated it remains much more expensive to rent than service a mortgage on a home, if only those on average wages could acquire a property.

Commenting on the most recent CSO Residential Property Price Index for January IPAV, the Institute of Professional Auctioneers and Valuers, said auctioneers throughout the country are seeing extremely strong demand for homes that they are unable to satisfy because of a lack of supply.

The latest Residential Property Price Barometer which charts actual house prices achieved by auctioneers, for the most common family home types, three and four bedroom semi-detached houses and two-bedroom apartments, and compares prices in Q3/4 of 2020 with Q1/2 of 2020 reveals price increases in the vast majority of the country, with the largest increases taking place in four bedroom homes.

Responding to the most recent Daft.ie rental Report for Q4 2020 IPAV, the Institute of Professional Auctioneers and Valuers, said it is notable just how much more expensive it continues to be to rent a home rather than buy one.

The recovery in new home completions in the final quarter of 2020, bringing the total for the year to 20,676 marking a drop of only 1.9 percent on 2019 but an increase of 15.9 percent in Q4 2020 over Q4 2019 is an indication of the construction industry’s ability to recover from the devastation of the pandemic, and augurs well for 2021, IPAV, the Institute of Professional Auctioneers and Valuers said.

Given a shortage of housing, strong demand and behavioural changes arising from the Covid-19 pandemic, house prices could rise by between five and ten percent by the end of 2021, provided there is no setback to the economy, according to IPAV, the Institute of Professional Auctioneers and Valuers.

Commenting on the recent decision by the Central Bank to leave the mortgage rules unchanged, IPAV, the Institute of Professional Auctioneers and Valuers, warned that the severity of the rules are “storing up very deep problems for society that will have terrible consequences into the future.”

Commenting on the most recent CSO Residential Property Price Index for September IPAV, the Institute of Professional Auctioneers and Valuers, said while the number of dwelling purchases in September was up on August the level of transactions at 3,193 is “paltry” with just over 19 percent of these being new dwellings.

Responding to today’s Daft.ie rental Report for Q3 2020 IPAV, the Institute of Professional Auctioneers and Valuers, said one of the most striking features of the report is just how much more expensive it is to rent rather than to buy a home.