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Commenting on the recent CSO Residential Property Price Index for November, IPAV, the Institute of Professional Auctioneers & Valuers, said the slowing rate of increase in prices is in line with what auctioneers throughout the country are reporting.

Commenting on the most recent CSO Residential Property Price Index for September, IPAV, the Institute of Professional Auctioneers and Valuers, says the slowing rate of increase in prices mirrors IPAV’s own findings in its six monthly barometer of prices achieved by auctioneers and is likely to continue for the remainder of the year.

Commenting on the most recent CSO Residential Property Price Index for June, IPAV, the Institute of Professional Auctioneers & Valuers, said while there is double digit growth in all 20 areas captured in the index, with a number even close to or at 20 percent especially in the border region, auctioneers are reporting a less strong second half of the year.

Responding to the latest RTB rent Index for Q4 2021 IPAV, the Institute of Professional Auctioneers & Valuers, welcomed the strong acknowledgement by the RTB that the Index represents only new tenancies registered in Q4 2021, rather than representing the current levels of all rentals, a point the Institute has been striving to highlight for some time.

The overall average increase in property prices for 2021 was just short of 12 percent, with great variations across the country, according to the latest Residential Property Price Barometer by IPAV, the Institute of Professional Auctioneers & Valuers which captures house prices actually achieved by auctioneers for three- and four-bedroom semi-detached homes and two-bedroom apartments.

The overall average increase in property prices for 2021 was just short of 12pc, with great variations across the country, according to the latest Residential Property Price Barometer by IPAV, the Institute of Professional Auctioneers & Valuers, which captures house prices actually achieved by auctioneers for three- and four-bedroom semi-detached homes and two-bedroom apartments.

Welcoming the most recent CSO Rental Sector in Ireland Report, IPAV, the Institute of Professional Auctioneers and Valuers, said it is long overdue and fills a major knowledge gap in the market.

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.

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.