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IPAV, the Institute of Professional Auctioneers and Valuers, following co-operation with the PSRA, the Property Regulator, and the SCSI, Society of Chartered Surveyors Ireland, have published a property services providers guidance in implementing the plan for living with Covid-19 Level 5 restrictions.

In the first six months of 2020 house prices generally have remained remarkably stable, according to the latest Residential Property Price Barometer from IPAV, the Institute of Professional Auctioneers and Valuers.

Commenting on the most recent CSO Residential Property Price Index for May, IPAV, the Institute of Professional Auctioneers and Valuers, said while it’s not surprising there is a large drop in the number of dwelling purchases, 46.2 percent on May last year, arising from the pandemic, the big worry is what the pandemic and the reaction to it by stakeholders will do to the supply of properties, which is already well behind demand.

IPAV, the Institute of Professional Auctioneers and Valuers, has warned that if over-zealous lending restrictions are implemented by banks it will ruin confidence among builders and cause house building to slow to a trickle.

Commenting on the most recent CSO Residential Property Price Index for March, IPAV, the Institute of Professional Auctioneers and Valuers, said there is little evidence so far of the impact of COVID-19 on the market.

Responding to the most recent CSO Residential Property Price Index, IPAV, the Institute of Professional Auctioneers and Valuers, has noted that while more rural areas continue to show higher growth figures, residential property prices in the commuter belt have increased minutely, with premiums in the capital down 0.9 percent.

Responding to the CSO Residential Property Price Index for November, IPAV, the Institute of Professional Auctioneers and Valuers, said the trend at the moment is that of little change but the key issue is, how on earth the country is going to manage to build the 340,000 homes the Central Bank estimates we need up to 2030.

The latest Farm Report from IPAV, the Institute of Professional Auctioneers and Valuers, launched by Minister for Justice and Equality, Charlie Flanagan TD, has found that land sales during 2019 averaged between €8,800 and €9,000 per acre, a little weaker than the previous year.

Responding to the most recent CSO Residential Property Price Index, IPAV, the Institute of Professional Auctioneers and Valuers, said it strongly supports the view of the ESRI that the cost of building homes must be driven down and called for the setting up of an official monthly index of input costs.

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.