REA McDonald Newsletter

Providing regular property news from across Ireland

  • UK property buyers are flocking to secure their dream homes in Ireland

    4th February 2015

    UK property buyers are flocking to secure their dream homes in Ireland, buoyed by a unprecedented strong pound with many rural homes still undervalued compared to the UK, according to Real Estate Alliance. The strength of sterling has seen enquiries about Irish property sales to UK-based purch...

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  • Q1 2015 - Average House Price Index

    30th January 2015

    The price of an average three bedroom semi has risen by just 1.32% nationwide in the first three months of 2015, with prices dropping by over -6% in one area of Dublin, according to the latest national survey carried out by Real Estate Alliance. And the uneconomical cost of building new homes re...

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  • New mortgage rules provide welcome relief for first time buyers

    28th January 2015

    Real Estate Alliance (REA) has welcomed plans by the Central Bank to provide relief to first-time buyers under its new mortgage rules. The new rules will enable banks to lend up to 90% of the value of the home to first-time buyers up to a limit of 220,000. This means that first time buyers wil...

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  • New mortgage cap will drive pressure on rental markets - REA

    26th January 2015

    The Central Bank s proposed new mortgage borrowing cap of 80pc will lead to increased pressure in rental values in the larger urban areas, according to a leading estate agency group. Philip Farrell, CEO of Real Estate Alliance, believes that measures should be introduced which reflect the realit...

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  • Strong 2015 predicted for house market outside Dublin

    7th January 2015

    House prices outside of Dublin are expected to rise by as much as 20pc next year, as the rest of the country begins to catch up with the capital Dublin prices soared for much of this year, although the market cooled somewhat in recent months. However, 6pc growth is still expected in 2015. Outsi...

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