Search Results for 'Inflation'
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While house price inflation continues, agricultural land prices overall in the last 12 months remained steady but the range of prices achieved for land is extensive and very much subject to location and quality, from €4,000 per acre for marginal lands to €15,000 for smaller plots in commuter belt areas. Average prices being achieved are in the €9-9,500 per acre bracket.
Commenting on the CSO Residential Property Price Index showing a slowing of house price inflation, IPAV, the Institute of Professional Auctioneers & Valuers, said the figures indicate that market forces are working, despite the shortage of homes.
House price inflation should remain strong in 2017 despite the likely abolition of the ‘Help-to-Buy’ Scheme, according to the latest property report from MyHome.ie in association with Davy.
The Institute of Professional Auctioneers & Valuers (IPAV) says until the lack of supply of residential homes is addressed, house prices will continue to rise.
Rents are now more expensive than they were at the same stage last year in every county in Ireland, according to the latest quarterly Rental Report by Daft.ie. Nationally, rents have risen by over 11 per cent in the space of 12 months with the national average rent now €933 compared to €842 a year previously.
This year has proven to be a turning point for the Galway housing market. After six years of falling prices, price inflation has re-emerged most notably in Galway city. The first nine months of 2013 saw the first period of positive annual price growth in the Galway housing market since 2006. Early indications suggest that the Galway city market has grown by more than 10 per cent during 2013. The strength of price growth in Galway city is fuelled by a shortage of supply.
Real car prices in Ireland (price change set against inflation) fell by nearly six per cent last year, representing the third biggest drop in the Eurozone.
The European Commission’s latest car price report shows that real car prices (price change set against inflation) in Ireland fell by 5.7 per cent in 2010. This is the third biggest drop in the Eurozone and well above the -1.5 per cent Eurozone average.
The European Commission’s latest car price report shows that real car prices (price change set against inflation) in Ireland fell by 5.7 per cent in 2010. This is the third biggest drop in the Eurozone and well above the -1.5 per cent eurozone average. Car prices fell in almost every EU country in 2010. Taking all EU countries together, the average drop in car prices is 2.5 per cent in real terms in 2010. List prices for new cars also converged slightly. These long-term price trends support the Commission's decision last year that specific competition rules for the sale of new cars are no longer justified.
Commercial rates are set to be debated next Monday at the October meeting of Athlone Town Council following a motion put forward by Cllr Alan Shaw in September.