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PRICE INCREASES FOR houses in the commuter counties and smaller cities such as Cork and Galway, have outstripped those in Dublin for the first six months of the year, according to a national survey carried out by the Real Estate Alliance.
The price of an average three-bed semi in Irish towns and cities has risen by 11.12% to €170,074 since the end of December, the Real Estate Alliance Average House Index says.
The survey of 50 Real Estate Alliance members nationwide also reported a 20% increase in mortgage-financed sales and a 32% reduction in selling time for properties since the start of the year.
While the CSO says Dublin property prices are rising fastest overall, the REA index concentrates on Ireland’s typical stock home, the three-bed semi, giving a picture of the property market in towns and cities countrywide.
Dublin
In Dublin city, the average three-bed semi is now costing €348,333, an increase of 11.76% on the December figure of €311,667.
However, in the commuter counties and smaller cities like Cork and Galway, three-bedroomed semis have increased by 15.54% to an average price of €182,353 in the first six months of the year.
“The shortage of supply of starter homes in the commuter belt and large urban areas such as Cork and Galway is every bit as challenging as the situation in Dublin,” said Real Estate Alliance CEO Philip Farrell.
“In many cases we are now seeing increases in value which exceed that of Dublin.
There is further evidence of a three-tier market in existence, with urban areas in the rest of the country seeing half of the growth of the commuter belt with values at an average of €106,345, up 6.57% in the first six months.
Three-bed semis have seen a rise of 19.69% across the country over the past year, while prices in Dublin city rose by 21.16%.
The average price of a three-bed semi is now €170,074 nationally including Dublin, an increase of €17,018 (11.12%) on the end-Dec 13 figure of €153,056.
Three beds in Tallaght and the Dublin 24 area have jumped by 25% from €160,000 in December to €200,000 at present.
“Tallaght, in particular, is reflecting a huge shortage of property on the market, particularly family homes,” said Philip Farrell.
The average property is now taking just nine weeks to sell nationwide, on average nearly 32% quicker than six months ago, while in Dublin, the time taken to sell has halved from eight weeks at the turn of the year to just four now.
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In other words- the hospital did its job. We didn’t.
HSE is not fit for purpose.
@Fabio Dillon: actually that is not what was said. Loo again. The hospital complied but left details off which would have caused the delay and accumulation
@Brendan Greene: I actually understood it as The Mater having reported details correctly but that some of these details were not subsequently passed: “But he said that information submitted to labs at some stage in the process “did not have the full details”, particularly all the names of these cases.” ?
@Brendan Greene: nope
@Fabio Dillon: who submits the information to labs?
@Brendan Greene: it say labs didn’t have full details to input.. In other words he said she said in years to come this will be another investigation costing millions
@michelle murphy: Called making it up as you go along.
Is Paul Reid really asking us to trust what the HSE says…..them,government banks church and other big institutions husband information to suit their own interests…..
Why should we believe them this time…….
@David cotter: don’t forget to add Big Pharma. No rant is complete without a poke at the pharmaceutical industry.
Why is it always about looking for someone to blame?
@Logan Shepherd: It’s about trying to understand what went wrong so it doesn’t happen again
@Logan Shepherd: Because there has to be someone accountable. Why would you not want to know this?
@Logan Shepherd: Perhaps a brief explanation would suffice. It’s not too much to ask for the Mater Hospital to explain exactly what happened and he then, briefly, relay that to the media.
When we get the usual “everything was done legally and a full report will follow… eventually” it does nothing to reassure, it instead raises more suspicions. This behaviour of deferring releasing a report on the matter until it’s hopefully forgotten about conjures even more mistrust, and fools nobody.
@Ian Breathnach: There is a difference between playing the blame game and holding someone accountable.
@Arch Angel: I agree with you. And in that context, playing the blame game does nothing to ensure transparency. It’s more likely to keep relevant facts hidden.
@Ian Breathnach: Accountability within the HSE? That’s the best one I heard in a good while.
@Arch Angel: the investigation is ongoing.
@Logan Shepherd: Imm because someone is!!!
@Darren Byrne: Yes, the HSE are brilliant at that line, ” learn lessons so it does not happen again” . That has been drummed out on many occasions over the past three or four years , but apparently NO Lessons are ever learned . HSE fairly poor of the breaking ball, always slow to pick up .
“The Mater will be investigated” the caretaker Taoiseach and his 19th Covid Health Minister chuckled. #notMyTaoiseach.
@Peter McGlynn: I suggest you have a look at the constitution. It’ll clear up a lot of your factual errors for you.
@Peter McGlynn: what Taoiseach did you vote for.
@Daniel Roche: He didn’t vote for a taoiseach. That vote is made by elected members of the Oireachtas.
@John Byrne: slow clap just for you
My daughter got the virus in mid March, she was told by her doctor over the phone. No one from the h s e contacted her to this day
All the people she was in contact with were not traced and told to sell quarantine.
@Danny Flynn: cool story bro
@Danny Flynn: My niece got the virus in mid March, she too was told by her Doctor over the phone.
No-one from the HSE needed to contact her to this day.
All the people she was in contact with were traced & told… by my niece.
She used her initiative rather than relay & rely on the same message being sent through a third party.
No probs.
Someone’s fiddling with the numbers for some reason. Spin, popularity, funding or is it just to be best in the class?
@Robert Moore:
Zero evidence to indicate that’s the case, but go ahead.
@Robert Moore: yeah, this has made everyone very popular and everyone has had their reputation enhanced by it.
I suppose that people can only surmise when you’re relying on truth and transparency from government,HSE, etc. So will do.
@Robert Moore: except that’s not what you did. You saw “numbers wrong” then jumped to a conclusion that goes against the fact that a) all numbers have been amended by those you’re claiming are fiddling them b) this makes all involved look bad
@Dave O’Keeffe: You know that is what these accusations are meant to do. Instead it makes those who make them look biased and unable to decipher the truth
If you look at our recovery rate compared to our infection numbers; we’re doing very well. There are a whole manner of outlying issues for some inconsistencies in reporting. But I think it’s wrong to make too much of a story out of it.
Did it ever emerge why on one single day there were nearly 200 ‘possible’ deaths reported alongside the usual announcement, but that term was not used any other day?
@Unconvertible Rebel: They were called probable deaths and the bulk of them have been retracted since once testing was completed properly. Basically anyone dying with a cough and a fever was considered “probable” covid deaths, that’s exactly the day that I lost all respect for Holohan.
@Mark Malone: why? Becaise he stated it exactly as it was and then revised downwards on conformation. What you’ve described is perfect work.
@Mark Malone: Houdini , pull them out of the hat job.
We are been lied to left right and centre about this covid19 the truth will come out sometime
We live in a digital world full of automation and digital solutions. There should be no room for human error, delay in reporting or whatever this guy is trying to describe..
@Wreck Tangle: human take the tests, humans transport the swabs,human perform the tests,humans collate the information…no room for human error?
@Paul Murphy:
What a boring response.. Human error around administration can be removed. What certainly shouldn’t be able to happen is that a couple of hundred results go unaccounted for.
Am I the only one who read Reid’s statement and was none the wiser after it?
Scamdemic
Am confused, thought he said it was a hospital in the south that got the figures wrong?
So the town I am from has a meat processing plant . On Monday and Tuesday all employees were tested and in total 87 people were positive. It’s not a big town so everyone obviously is concerned. So that day we were expecting big numbers from the daily press conference and there was but then they said it was the hospital .
@Mairead Mc Carthy: and obliviously some of the 87 have families and they have been tested and some of them have been positive also . So it feels like there is a lot of it around .
@Mairead Mc Carthy: the hill?
@Mairead Mc Carthy: I agree HSE could not lie straight in bed. He didn’t want to mention the words ” Meat factories” !! when the Gov won’t stand up to the huge scandle of meat factory owners half running the country through the Gov. All rotten to the core. Hospitals rented from them too. Covney related. They chose the Factory owners over the farmer at the gates and you wonder why with your local knowledge Mairead , and you knowing how many tested positive locally the the CMO read the increase out as a hospital. People are not stupid.
@Declan Martin Rigney: Edenderry
@Mairead Mc Carthy: o. Watergrasshill is the same in cork so. Keepak factory
Systems failure
HSE speak for nobody will be held accountable…
O K , So who got it wrong , if the Hospital reported the deaths who then slipped up? , HSE fumbling again,? dropping the ball,? win no All Ireland’s at that craic.
Why not standard procedure? I missed that bit
Remember this when it comes to the HSE
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