Search Results for 'IPAV'
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Responding to the CSO Residential Property Price Index for September, IPAV, the Institute of Professional Auctioneers and Valuers, said while a correction in Dublin prices has been underway following recent rapid rises properties in rural Ireland are still selling for less than the cost of building them.
The Institute of Professional Auctioneers & Valuers (IPAV) is calling on the Government to concentrate solely on measures that will lead to an increase in housing stock in the country.
Acceleration in house prices can be expected to continue until supply ramps up on its current “anaemic level”, the Institute of Professional Auctioneers & Valuers (IPAV) has warned.
House prices in Ireland are continuing to rise. In fact, the first half of 2017 showed a higher increase than in the whole of last year. Prices in the capital are still leading the market, but Galway has seen the biggest increase in the opening half of this year. Some are worried that it might cause another bubble, but other experts disagree and think the current Central Bank lending practices should prevent that. The main cause of the rise is a lack of housing stock which is in the process of being addressed, so if you are thinking of selling your property this might be the perfect time to achieve the best price for it.
Responding to this week’s vacant homes strategy, the Institute of Professional Auctioneers & Valuers (IPAV) said it is unlikely the strategy can impact hugely on the housing crisis, given its scale and the complexity of measures involved, such as facilitating the use of vacant properties of those in nursing home care.
While the Central Statistics Office (CSO) residential property price index shows inflation nationally increasing to 11.9 per cent in May, it is important that the Government is not forced into panic measures such as ending the Help-to-Buy scheme.
The recent Central Statistics Office (CSO) Profile of Housing in Ireland showing a considerable slowdown in housing stock growth between 2011 and 2016 is in sharp contrast to official figures for roughly the same period from the Department of Housing, Planning, Community & Local Government.
House prices will continue to rise until supply improves dramatically, the Institute of Professional Auctioneers & Valuers has stated.
The Institute of Professional Auctioneers & Valuers (IPAV) says Irish consumers can get used to the price of housing continuing to rise until supply increases.
The Institute of Professional Auctioneers & Valuers (IPAV) has said that urgent measures are needed in the forthcoming Budget to dramatically boost the supply of new housing stock.