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HOUSE PRICES ACROSS Ireland rose by 2.3 per cent nationally over the past year but Dublin continues to outpace the rest of the country in the upward trend.
The increase means that the pace of growth is now at a level not seen since 2007 .
The Central Statistics Office’s residential property price index showed the 2.3 per cent yearly rise in stark contrast to the 13.6 per cent decrease seen in the year to July 2012. On a monthly basis prices rose by 1.2 per cent in July making it the fourth consecutive month of increase.
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The capital has begun to show strong price growth with average house prices growing by 3.3 per cent in July, reaching a level 8 per cent higher than this time last year.
The influence of Dublin on the nationwide figures can be seen when the capital is excluded from the calculations. Excluding Dublin, prices fell by 1.4 per cent over the last twelve months at 0.1 per cent in July.
Investec Ireland’s chief economist Philip O’Sullivan explained that higher prices in Dublin were a result of elevated rental yields, muted completions activity and still low credit availability leading to a low volume of transactions. He outlines what Investec expects from the market in the immediate future:
Looking ahead, we continue to see our two-tier narrative playing out, with the still high inventory levels continuing to act as a barrier to a sustained improvement in rural house prices over the coming months, while in Dublin and its commuter belt, much tighter supply, elevated rental yields and a superior economic outlook should continue to support upward price moves.
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If a pre school is short 1 plaster in a box of 10,thats an automatic fail in 1st aid compliance on the report,the current report will just say 1st aid fail,it does say its because its short of a plaster. Thats hardly fair,i hope the new reports actuly report the proper issues discovered in pre schools that are not up to proper standards. Will the new laws assist the low paid staff with proper working hours,pay and entitlements ??
Couldn’t agree more. I personally know of a case where the preschool inspector complained there were too many varieties of plasters & dressings. All the new regulations will not prevent nasty people who don’t like children been mean to them like we saw on the Prime Time programme.
New legislation is all well & good. Maintaining appropriate carer:child ratios, training staff properly & paying them a credible wage is more paramount, imo…
Perhaps some regulation for childminders too, who look after children in their own home. I have come across many wonderful childminders who treat the children they look after impeccably, however they are not all the same. This is a largely unregulated area and I feel there should be some sort of inspections/reports similar to the UK.
No one cares for a
Child better that his or her parent but unfortunately during the credit tiger we lost the run of ourselves and required 2
Parents working to support ridiculous mortgages and the introduction of the chain crèche with high running costs etc
The whole country needs an overhaul not just childcare and plenty of crèche’s who pay staff fairly and treat children well they are just harder to find because the pull of the larger crèche with the so called reputation is a greater pull ….inspectors need to inspect what’s really important not tick a flip board actually sit in the crèche for few days to observe properly
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