Search Results for 'Institute of Professional Auctioneers '

While welcoming the changes to be made to the Central Bank macroprudential mortgage rules, IPAV, the Institute of Professional Auctioneers & Valuers, said they do not go far enough, especially for wage earners on under €60,000.

The latest Residential Property Price Barometer from IPAV, the Institute of Professional Auctioneers & Valuers, covering the first half of 2022 shows an overall price increase of 6.36 percent on the previous six months.

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.

Commenting on the most recent CSO Residential Property Price Index for April, IPAV, the Institute of Professional Auctioneers & Valuers, said the highest increases are now happening outside of Dublin, with three factors at play, the expensive nature of the Dublin market which has resulted in the elongation of the commuter belt; new working norms which are making areas such as the South-East particularly attractive and the sterling- Brexit factor which is seeing continuing high increases in the Border region, 22.1 percent in the year to April.

The climate agenda will lead to a two-tier property market, with those who imbed sustainable practices achieving higher values and those who don’t suffering a ‘brown discount’, IPAV, the Institute of Professional Auctioneers & Valuers has said.

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.

Commenting on the most recent CSO Residential Property Price Index for January IPAV, the Institute of Professional Auctioneers & Valuers, noted that over 82 percent of dwelling purchases in January involved existing dwellings, highlighting both the insufficient number of new properties coming on the market and, to a lesser extent, the stronger demand arising from new working norms and workers being priced out of Dublin all of which are increasing the appeal of areas such as the the Midlands.

Commenting on the most recent CSO Residential Property Price Index for December IPAV, the Institute of Professional Auctioneers & Valuers, said the very high increase in the Border region, 23.7 percent in the year to December is likely driven by an approximate 15 percent sterling advantage in purchasing power to Northern Ireland buyers, together with the increased appeal of Southern Irish property addresses, within the EU but as close to the Border as possible, arising from Brexit.

Commenting on the most recent CSO Residential Property Price Index for May IPAV, the Institute of Professional Auctioneers & Valuers has said the acceleration in prices seen in the publication is likely to continue for the foreseeable future until supply improves and moves more in the direction of meeting demand.

June 8 was the light at the end of the tunnel for many working in the property industry as property viewings recommenced and auctioneers around the country reacquainted themselves with the roads and housing estates in their local areas. Large volumes of viewings were requested and booked well in advance by those who have funds in place and eagerly await the closing of a deal on their future new home.