Q Results. Property report. MyHome.ie report in partnership with ASKING PRICE INFLATION ACCELERATES INTO DOUBLE-DIGIT TERRITORY IN 2017
|
|
- Arron Charles
- 6 years ago
- Views:
Transcription
1 Q Results Property report MyHome.ie report in partnership with ASKING PRICE INFLATION ACCELERATES INTO DOUBLE-DIGIT TERRITORY IN 2017
2 PRIVATE CLIENTS DAVY MADE A DIFFERENCE THAT MATTERS TO ME. You don t accumulate money for its own sake. You want to use your resources to make a better life and create bigger opportunities in the future. That s why Davy takes a holistic approach working with you to create a Financial Life Plan and investment strategy that aims to make a difference to you and your family. With Davy, it s a relationship. Start yours today. Call or visit davy.ie/future The value of investments may fall as well as rise. J & E Davy, trading as Davy, is regulated by the Central Bank of Ireland.
3 Angela Keegan Managing Director MyHome.ie In this issue Our Q4 property report which is published in association with Davy is forecasting that house price inflation will increase by 8% in While this is a welcome reduction on the 10%+ we saw in 2017, it is still more than one would like to see and is not sustainable in the long term. Following a dramatic surge during the summer of 2017 prices eased somewhat in Q3 before falling slightly as per seasonal norms in Q4. It s interesting to note that asking prices have fallen in the final quarter of each of the last five years before bouncing back in the spring and that is a pattern we expect to see happening once again in The price increases of 2017 were largely driven by strong jobs growth, rising incomes and increasing competition among buyers for the limited number of homes available. Of course, the Help to Buy scheme and the easing of mortgage lending rules by the Central Bank of Ireland led to an increase in firsttime-buyer activity, as well as an increase in prices. As we predicted back then prices hit double digit growth as a result of those policy interventions. While transactions were up a welcome 10% in 2017, supply, or rather the lack of it, remains the key issue and will continue to be for the medium term. The housing crisis will be the key test for the Government and it was interesting to see the Minister for Finance Paschal Donohoe acknowledge that when he effectively staked the Government s reputation on resolving the housing crisis in a recent interview. Commentary from Conall MacCoille, Chief Economist, Davy Research...4 Property price register analysis...9 Three bed semi-detached asking prices...10 Dublin analysis...11 Regional analysis...12 About the report...16 Q4 highlights...18 About the Davy Group...19 So no shortage of talking points as we head into We hope you will take some time to study the latest price movements all over the country and our analysis of where the market is going in the coming year. I would also like to take this opportunity to wish you and all our readers a very Happy New Year.
4 ASKING PRICE INFLATION ACCELERATES INTO DOUBLE-DIGIT TERRITORY Conall MacCoille, Chief Economist, Davy Research T he latest MyHome report shows a small 1% drop in asking prices in the final three months of However, this is in line with normal seasonal trends. Asking prices have fallen in the final quarter of each of the last five years before bouncing back in the spring. We expect a similar pattern in early In fact, the 1% fall is smaller than the 2% decline in Q4 2016, so annual asking price inflation has accelerated to 10.2%. The Irish housing market grinds tighter as lack of supply continues the dominant feature. The 18,900 properties listed for sale is down 9% on last year, with properties being snapped up ever more quickly by homebuyers. Homebuilding remains well below natural demographic demand, albeit rising quickly from a very low base. Encouragingly, Minister for Housing Eoghan Murphy has unveiled apartment standards that reduce the cost of construction. Overall, housing market transactions look set to rise by 10% in volume terms in 2017 towards 55,000. We expect transactional activity to grow further in 2018, helped by Irish households building equity in their homes and therefore being more willing to move. This time last year, the Central Bank of Ireland (CBI) eased its mortgage lending rules, eliminating restrictions on loans above 220,000 on the number of first-time buyers could take out 90% loan-to-value mortgages. This led to a sharp pick-up in asking prices in early 2017, leading us to revise upwards our forecasts for house price inflation in 2017 into double-digit territory. Suffice to say our predictions have been borne out by the price gains since then. We have now come almost full circle. This year, the CBI has tightened the mortgage lending rules. The proportion of high loan-to-income (LTI) mortgages (over 3.5x) given to first-time buyers was 24% in H and will have to fall back to the 20% stipulated under the new rules cooling house price inflation in more expensive areas in Dublin accounted for the lion s share of high LTI mortgages in H1 2017, 62% of the total. The median first-time buyer house price in Dublin was 321,000 far higher than the 238,000 national figure. Homebuyers in Dublin have been taking out ever higher levels of mortgage debt the availability of which will be curtailed slightly in Looking ahead to 2018, we still expect a robust pace of house price inflation close to 8%. However, the pattern of house prices we had seen up to 2017 is likely to be re-established. Double-digit price gains are still likely outside the capital, where the recovery began later, prices are cheaper and there is still scope for leverage on mortgage lending to rise. Dublin should see a more sedate mid-single-digit gain, similar to the 6.6% rise recorded through MyHome.ie Property Report: Q
5 Asking prices, Dublin and national Table 1 Source: MyHome.ie Price ( ) % change quarter-on-quarter National (stock) 228, % 6.2% Dublin (stock) 318, % 6.3% National (new instructions) 250, % 10.2% Dublin (new instructions) 364, % 11.1% % change year-on-year Asking price inflation accelerates to 10.2% The latest MyHome report shows that asking prices on the latest properties listed for sale fell by 1% in Q However, this is in line with the usual seasonal drop in prices towards the end of the calendar year before they typically rebound in the spring. The better annual comparison shows prices up 10.2% over the past 12 months, the fastest pace of inflation since early The Central Statistics Office s official Residential Property Price Index (RPPI) rose by 12.1% in the year to October Ireland s recovery, the Help-to-Buy scheme, a loosening of the mortgage lending rules in late 2016 and the lack of housing supply all appear to have contributed to further price gains. However, outside Dublin, RPPI inflation picked up only slightly from 11.2% in December 2016 to 12.8% in October The real acceleration has been in the capital, Dublin, where price inflation rose from 6.6% in December to 11.6% in October. Similarly, the MyHome asking price measure for the capital is up 11.1%. However, we still expect Irish house price inflation to slow in Notably, the CBI has now tightened its mortgage lending rules. This should slow the process of rising leverage in Ireland s housing market, particularly in the capital where affordability is most stretched. Hence, we still expect 8% RPPI inflation through 2018, albeit probably split between further Asking prices, Dublin and national Figure 1 yoy % 30 National Asking Prices (New Instructions) Dublin Asking Prices (New Instructions) Source: MyHome.ie MyHome.ie Property Report: Q
6 Stock of properties listed for sale, Dublin and national Figure Dublin (LHS) National (RHS) Ex-Dublin (RHS) 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5, Source: MyHome.ie double-digit gains outside the capital and more sedate mid-single-digit rises in Dublin. Housing market activity still gradually recovering Property Price Register data indicate that residential property market transactions grew by 10% in volume terms to around 55,000 in the calendar year This is a welcome improvement in activity levels. Nonetheless, the overall picture is still an illiquid market hindered by the lack of fresh housing supply. At current transaction rates, the average Irish home is sold just once every 36 years. Several indicators in the Q MyHome report show that the housing market continues to grind tighter becoming increasingly more difficult for would-be buyers. At end-2017, the number of properties listed for sale had fallen to just 18,900. This is a fresh record low, down 9.4% on the year representing less than 1% of the housing stock. Not surprisingly, the average time to sale agreed was just 3.8 months nationally and 2.8 months in Dublin, illustrating that whatever stock is for sale is sold ever more quickly. Looking forward to 2018, a further improvement in housing market liquidity is likely. Poor homebuilding levels will continue to hold back transaction levels. However, many Irish households have been unwilling to move home due to their stretched finances, 2 Proportion of mortgages in negative equity at end-year Table 2 Owner - occupier Buy -to-let % 55% % 35% % 23% September % 16% Source: Central Bank of Ireland MyHome.ie Property Report: Q
7 specifically their lack of housing equity. However, rising house prices have now dragged all but 9% of owneroccupiers out of negative equity, a stark improvement from the 36% at end With greater equity in their homes, more Irish households will seek to move home in Homebuilding sector growing from weak levels Ireland still does not have a reliable measure of homebuilding. Eventually, the new Building Control Management System (BCMS) will form the basis of a more reliable measure of housing completions. For now, a range of indicators still suggest that housing supply is picking up rapidly but from a very low base. Figure 5 shows that electricity supply grid connections (+28%), BCMS commencements (+36%), HomeBond registrations (+84%), stamp duty filings on new homes (+40%) and planning permissions (+15%) all point to accelerating activity. However, the true level of housing supply is still not clear. That said, on any of these measures, activity is still well below our estimated demand of 35-50,000 units per annum. The latest measures to support housing supply are the new design standards for apartments published on December 18th. These allow developments to include a greater proportion (up to 50% in urban areas) of one-bedroom apartments. Furthermore, the number of required dual aspect apartments within developments has been reduced from 50% to 33% and unit per core increased to 12 from 8 previously. The guidelines also provide less onerous restrictions for the build-to-rent sector in terms of product mix and seek to eliminate or substantially reduce the requirement for car parking space in urban locations close to public transport. However, concrete action on building heights appears to have been deferred until the adoption of the National Planning Framework (due in 2018). Tighter mortgage lending rules will be felt in Dublin Typically, would-be homebuyers in Ireland have reacted to a lack of housing supply by taking out greater levels of mortgage debt, forcing prices higher. This process certainly seems to have played out over the past 12 months. Figure 6 illustrates that the average mortgage loan for house purchase was 221,000 in Q3 2017, up 11% on the 199,000 recorded one year ago. The CBI has now tightened its mortgage lending rules for Previously, up to 20% of new mortgage loans for house purchase were allowed to have a LTI exceeding 3.5x. The new rule reduces this allocation; only 10% of new mover-purchaser loans will now be allowed a LTI ratio over 3.5x. The allocation is left unchanged for first-time buyers at 20%. In H1 2017, 24% of first-time buyers and 10% 3 Indicators of construction activity Table 3 Period % change ESB Electricity supply grid connections Jan - Oct % Commencements Jan - Oct % Home bond registrations Jan - Oct % Stamp duty returns, new homes Filings Jan - Oct % Executions Jan - Oct % Planning permissions, units Jan - Sep % Property Price Register, new homes Jan - Dec % Help-to-buy claims Jan - Dec % Source: Central Statistics Office MyHome.ie Property Report: Q
8 of mover-purchasers had a LTI ratio over 3.5x. So the new rules mean that Irish banks will have to tighten credit availability in This should slow house price inflation, particularly in Dublin where affordability has become most stretched. Table 4 shows that the median first-time buyer income in Average mortgage loan for house purchase and Residential Property Price Index Figure = s Average Loan for House Purchase Irish Residential Property Price Index Source: Banking & Payments Federation Ireland Source: Banking & Payments Federation Ireland MyHome.ie Property Report: Q
9 Dublin was 76,700 in Q with a median house price of 321,400 implying a price to income ratio of 4.2x versus 3.7x across Ireland. Hence, Irish house price inflation is likely to return to a similar pattern to that in Through 2016, RPPI inflation in Dublin was 6.6%, 11.2% outside Dublin and 9% across the entire country. Looking forward to 2018, double-digit growth outside the capital is still likely as the process of catch-up continues and as leverage on mortgage lending continues to rise. However, stretched affordability coupled with the constraint of the mortgage lending rules should slow house price inflation in Dublin to mid-single-digit levels. Property Price Register analysis Total transactions in Ireland s residential property market look set to finish the calendar year 2017 at around bn. This represents significant growth from the 12.2bn recorded in 2016, with transaction volumes set to grow by 10% in volume terms towards 55,000 by the end of The Property Price Register update on December 13th indicated that there were 46,885 transactions so far in 2017 worth 12.5bn. In the first three quarters of 2017, there were 37,580 transactions up 9.7% on the same period of Banking & Payments Federation Ireland (BPFI) data show that there were 20,700 mortgage loans for house purchase in the first three quarters of 2017, up 20% on the year. Cash sales accounted for 33% of purchases in Q3 2017, down from a peak of 45% in 2013, although this measure excludes non-household buyers. Median characteristics of mortgage lending by region Table 4 Dublin Dublin commuter belt Other cities Rest of Leinster Rest of Munster Rest of Connacht & Ulster National First-time buyers Deposit 52,800 35,000 27,500 22,250 22,000 22,000 35,057 Incomes 76,709 65,984 60,771 56,475 57,000 57,000 65,000 House price-to-income Price 321, , , , , , ,900 Implied loan-to-income Mover-purchasers Deposit 125,038 74,000 75,130 49,000 46,750 48,325 84,300 Incomes 120,677 96,100 90,253 78,371 85,613 76,690 99,301 House price-to-income Price 469, , , , , , ,623 Implied loan-to-income Source: Banking & Payments Federation Ireland MyHome.ie Property Report: Q
10 3 BED SEMI-DETACHED ASKING PRICES DONEGAL 96, % l % LEITRIM 94, % l % MONAGHAN SLIGO 150, % l % 129, % l % CAVAN MAYO ROSCOMMON 125, % l % LOUTH 110, % l % 70, % l % 185,000 0% l % LONGFORD 75, % l % MEATH 210,000 0% l % WESTMEATH GALWAY DUBLIN 139, % l % 195, % l % 295, % l % KILDARE OFFALY 210, % l , % l % WICKLOW LAOIS CLARE CARLOW 150, % l % Davy Davy + Scope of business (Side) LIMERICK 145, % % TIPPERARY 162, % l % KILKENNY 135,000 0% l % 160, % l % WEXFORD 155,000 0% l % WATERFORD KERRY 142, % l % 293, % l % 137, % l % 165, % l % CORK asse t management c apital marke ts 225,000 corpor ate l % finance private clients rese arch COUNTY ANALYSIS Median asking price Q % change Q l % change from peak Colour variations Source: MyHome.ie MyHome.ie Property Report: Q
11 DUBLIN ANALYSIS The capital has seen the sharpest acceleration in house price inflation over the past 12 months. From a trough of just 2.5% in June 2016, RPPI inflation in Dublin accelerated to 11.6% in October. The pick-up has been broad-based across the city with Dublin city (12.9%), Dun Laoghaire-Rathdown (9.7%), Fingal (12.2%) and South Dublin (14.4%) all seeing close to double-digit gains in the year to October. DUBLIN OVERALL 295, % DUBLIN NORTH The MyHome data for Q show little sign of any slowdown. Asking prices on the latest properties listed for sale in Dublin fell by 0.4% in the final quarter. However, this reflects the usual seasonal drop 284, % in prices at the end of the calendar year. Asking prices in Dublin are still up 11% year-on-year. The median asking price for a three-bedroom, semi-detached house in Dublin was 295,000 in Q4 2017, up 3.5% on the year. For larger four-bedroom, detached houses, the median asking price was 633,000 up 5.4% on the year. Dublin North city saw a sharp 28% annual gain in the median asking price to 230,000, although this largely reflects changes in the mix of properties. Dublin South remains the most expensive part of the city with a median asking price of 350,000. DUBLIN WEST 240, % DUBLIN NORTH CITY 230, % DUBLIN SOUTH CITY 257,000-6% DUBLIN SOUTH Davy Davy + Scope of business (Side) 349, % asse t management c apital marke ts DUBLIN REGION Median price Q rese arch corpor ate finance private clients % Change Q Colour variations Source: MyHome.ie MyHome.ie Property Report: Q
12 REGIONAL ANALYSIS The median asking price on new properties listed for sale outside of Dublin was 242,000 in Q4 2017, up 7.6% on the year. In Dublin, the median asking price was 285,000 up 3.6% on the year. In the commuter belt counties, Meath saw a 4.3% rise to 240,000 now equal to the median price in Kildare. In Wicklow, the median asking price increased by 1.4% to 299,000. Leinster Asking prices in Carlow rose 19.7% to 179,500, while prices in Offaly saw a 17.9% increase to 165,000. Prices in Westmeath increased by 12.3% (also to 165,000). More expensive areas have seen more modest gains. In Kilkenny, prices rose by 6.9% to 192,500, in Louth by 8.1% to 200,000 and in Wexford by 6.9% to 185,000. Prices in Laois increased by 3.3% to 155,000. Longford remains the cheapest county in Leinster with the median asking price 105,000, up 6.6% on the year. Munster Asking prices across Munster show a broadly consistent picture of a rising market. In Clare, the median price was 170,000 up just 0.3% on the year. However, in Cork, prices were up 5.7% to 227,000. In Cork city, the median price was 240,000 up 4.3% on the year. In Kerry, prices were flat on the year at 170,000. However, prices in Limerick rose by 6% to 158,000 and by 7.1% in Limerick city to 150,000. In Tipperary, prices increased by 2.5% to 151,000 and by 6.9% in Waterford to 170,000. In Waterford city, the median price rose by 9% on the year to 120,000. Connacht/Ulster Prices in Galway continued to show strong upward momentum, up 7.6% over the past 12 months to 199,000. In Galway city, prices increased by 9.1% to 240,000. Mayo also saw a strong 5% rise to 146,000, and prices in Sligo rose by 8.5% to 140,000. However, Leitrim (+0.4%) and Roscommon (+0.1%) have seen more sedate increases to 109,000 and 110,000 respectively. In Ulster, Monaghan saw a 5% rise in prices over the past year to 147,000. However, asking prices fell slightly in Cavan, by 1.6% to 150,000, and by 3.7% in Donegal to 130,000. Monaghan saw a 7.1% annual gain to 150,000. MyHome.ie Property Report: Q
13 REGIONAL ANALYSIS GALWAY CITY 240, % LIMERICK CITY 150, % WATERFORD CITY 120,000 Davy Davy + Scope of business (Side) CORK CITY 240,000 asse t management c apital REGIONmarke ts Median price Q corpor ate finance private clients rese arch % change Q Colour variations Source: MyHome.ie MyHome.ie Property Report: Q
14 County analysis: two-bedroom apartments Apartment prices in Ireland recorded price increases over the past 12 months in all but six counties. In Dublin, prices were up 4.3% to 240,000. In the commuter belt counties, prices were up by 12% in Kildare to 165,000, by 8% in Meath to 145,000 and by 9% in Wicklow to 230,000. However, price gains have been even stronger in other areas. In Cork, two-bedroom apartment prices increased by 25% over the past 12 months to 175,000 and by 19% in Galway to 155,000. Clare (23%), Laois (24%), Offaly (27%) and Roscommon (31%) have also seen annual price gains exceeding 20%. 2-bed apartments asking prices County Carlow Cavan Clare Cork Donegal Galway Kerry Kildare Kilkenny Laois Leitrim Limerick Longford Louth Mayo Meath Monaghan Offaly Roscommon Sligo Tipperary Waterford Westmeath Wexford Wicklow Dublin MyHome.ie Property Report: Q Q ,000 69,000 80, ,000 45, , , , ,000 95,000 79,000 85,000 57,000 95, , ,000 80,000 75,000 49,000 70,000 62,500 69,000 87, , , ,000 Quarterly change 6.15% 3.23% -2.78% 3.33% 5.26% 6.45% 7.95% 3.27% -1.73% 3.64% % 7.41% -3.03% -6.22% 1.45% 5.04% 2.94% 2.00% -2.04% Table 3 Annual change -9.09% 2.99% 23.08% 25.00% 19.23% % 11.86% 8.70% 24.18% 13.02% 13.33% 15.15% -5.00% 8.21% 6.67% 27.12% 30.67% 16.67% 13.64% 15.00% 16.67% 9.29% 4.35% Source: MyHome.ie
15 County analysis: four-bedroom, semi-detached Prices of four-bedroom, semi-detached houses have increased over the past year in 20 of the 26 counties. In Dublin, the median asking price was 420,000 down 1.2% on the year but still the most expensive across Ireland. Among the commuter belt counties, the median price in Kildare was 275,000 (up 0.9%) and in Meath was 250,000 (up 1.8%). However, prices in Wicklow were up 4.2% on the year to 375,000. The more expensive areas continue to see solid gains. In Cork, asking prices rose by 10% to 275,000 and by 4.2% in Galway to 198,000. Kilkenny saw a 9.3% gain to 235,000. Longford and Roscommon remain the cheapest counties in Ireland to buy four-bedroom houses, both recording a median asking price of 100,000. Kerry saw the sharpest rise across Ireland, up 19% on the year to 170, bed semi-detached asking prices County Carlow Cavan Clare Cork Donegal Galway Kerry Kildare Kilkenny Laois Leitrim Limerick Longford Louth Mayo Meath Monaghan Offaly Roscommon Sligo Tipperary Waterford Westmeath Wexford Wicklow Dublin Source: MyHome.ie Q , , , , , , , , , , , , , , , , , , , , , , , , , ,000 Quarterly change 2.45% 3.45% -0.01% -0.89% -1.96% % -4.59% -7.14% 6.67% 1.09% -1.08% 0.20% 5.07% -0.01% 0.50% -1.76% 1.43% -2.12% 2.83% 2.94% -1.32% -2.33% Table 4 Annual change 14.11% 9.13% 12.89% % 4.21% 19.30% 0.92% 9.30% -7.19% -5.84% -1.02% 14.32% 6.90% -3.34% 1.84% 8.31% 4.32% 18.34% 5.03% 8.66% 2.78% 6.80% 11.46% 4.17% -1.18% MyHome.ie Property Report: Q
16 ABOUT THE REPORT Graham Neary, CFA, Dublin Graham is an independent financial analyst who specialises in investment consulting services. He previously managed portfolios for an international mutual organisation in London with over 14 billion in assets under management and one million members across Canada, the US and the UK. He has eight years of financial marketplace experience, holds a degree in mathematics from Trinity College Dublin, and is a CFA Charterholder (Chartered Financial Analyst). MyHome.ie Property Report: The Method The trends presented in this report are based on actual asking prices of properties advertised on MyHome.ie with comparisons by quarter over the last eight years. This represents the majority of properties for sale in Ireland from leading estate agents nationwide. The series in this report have been produced using a combination of statistical techniques. Our data is collected from quarterly snapshots of active, available properties on MyHome.ie. Our main indices have been constructed with a widely-used regression technique which adjusts for change in the mixture of properties for sale in each quarter. Since the supply of property in each quarter has a different combination of types, sizes and locations, the real trends in property prices are easily obscured. Our method is designed to reflect price change independent of this variation in mix. For detailed statistics at a local level, we also provide a wide selection of median asking prices broken down by county or by urban location. For analysis of the Property Price Register prices were adjusted upwards to account for VAT where necessary, and only full market value prices were used. No silver bullet for Ireland s housing crisis. MyHome.ie Property Report: Q
17 RAW DATA Q Q RAW DATA Q Q Table 7 INDICES National Dublin New 2nd Hand Q Q Q Q Q Q Q Q Q Q Q Q % Change National Dublin New 2nd Hand Q % -0.28% 0.56% 1.42% Q % -0.06% 1.43% -0.73% Q % -1.36% -0.88% -0.12% Q % -2.01% -1.83% -1.48% Q % -4.37% -2.66% -3.00% Q % -2.33% -0.61% -1.59% Q % -4.11% -3.74% -3.45% Q % -4.52% -4.27% -3.31% Q % -3.39% -3.44% -3.16% Q % -5.22% -0.58% -4.27% Q Q % -3.23% -2.76% -4.72% -0.91% -1.21% -2.47% -3.16% Standard Price National Dublin New 2nd Hand Q , , , ,990 Q , , , ,002 Q , , , ,468 Q , , , ,545 Q , , , ,139 Q , , , ,343 Q , , , ,019 Q , , , ,657 Q , , , ,429 Q , , , ,893 Q Q , , , , , , , ,214 RAW DATA Q Q Table 8 INDICES National Dublin New 2nd Hand Q Q Q Q Q Q Q Q Q Q Q % Change National Dublin New 2nd Hand Q % -1.64% -3.22% -2.83% Q % 0.98% -2.43% -1.76% Q % 0.55% -2.58% -0.82% Q % 4.45% -2.25% 1.60% Q % 2.19% 0.10% 0.66% Q % 2.31% 1.65% 1.80% Q % -1.48% -0.08% Q % 2.03% 4.91% 2.47% Q % 0.51% 0.89% 0.04% Q % 3.18% 5.04% 2.79% Q % -0.36% 4.30% -0.06% Standard Price National Dublin New 2nd Hand Q , , , ,806 Q , , , ,058 Q , , , ,071 Q , , , ,878 Q , , , ,543 Q , , , ,581 Q , , , ,639 Q , , , ,527 Q , , , ,379 Q , , , ,034 Q , , , ,513 MyHome.ie Property Property Report: Report: Q4 Q
18 Q4 Highlights Q Q Number of properties on the site 20,875 18,024 (-13.7%) Number of properties sold from PPR ** Properties sold as of PPR update December 20th 2017 (Sales Jan November 2017) 43,4424 6,840 Number of New Properties on the Market 5,479 6,233 (+13.8%) National Average time to Sale Agreed 4 months 4 months National Average asking price 214, ,225 * data from PSRA as of September 27th 2017 MyHome.ie Property Report: Q
19 ABOUT THE DAVY GROUP Established in 1926, the Davy Group is Ireland s leading provider of wealth management, asset management, capital markets, and financial advisory services. Davy is headquartered in Dublin, with offices in London, Belfast, Cork and Galway. Employing over 670 people, Davy offers a broad range of services to private clients, small businesses, corporations and institutional investors, and organise its activities around four interrelated business areas Wealth and Asset Management, Capital Markets, Corporate Finance and Research. Davy s Wealth and Asset Management business manages over 14bn on behalf of Irish and International clients*. Davy is Ireland s leading wealth manager providing a financial planning led private client service backed up by global investment portfolios driven by a proprietary investment process. As the leading broker in the Irish market, we accounted for over 46%** of all dealings in Irish equities on the Irish Stock Exchange in Davy is a primary dealer in Irish Government Bonds and acts as arranger on most Irish corporate bond issues. We advise 56%** of companies on the Irish Stock Exchange, including 6 of Ireland s top 10 listed companies*. We are Ireland s leading ESM and AIM adviser, representing approximately 75% of companies quoted on the ESM market**, and 17 companies quoted on the AIM market of the London Stock Exchange***. Davy is responsible for over 75% of funds raised on the Irish Stock Exchange in 2014 and 2015** and has been consistently recognised by the world s top names in financial services for the quality of research and service. * Data correct as of January 2016 ** Source: Irish Stock Exchange *** Source: London Stock Exchange asset management capital markets corporate finance private clients research MyHome.ie Property Report: Q
20 Find your bubble! Thousands of one address. buying, renting..., living
Q Results. Property report. MyHome.ie report in partnership with HOUSE PRICE INFLATION COOLS MODESTLY IN EARLY 2018
Q1 2018 Results Property report MyHome.ie report in partnership with HOUSE PRICE INFLATION COOLS MODESTLY IN EARLY 2018 PRIVATE CLIENTS DAVY MADE A DIFFERENCE THAT MATTERS TO ME. You don t accumulate money
More informationProperty report IRISH HOUSE PRICE INFLATION SHOULD REMAIN STRONG DESPITE END OF HELP-TO-BUY SCHEME. Q Results
Q2 2017 Results Property report MyHome.ie report in partnership with IRISH HOUSE PRICE INFLATION SHOULD REMAIN STRONG DESPITE END OF HELP-TO-BUY SCHEME PRIVATE CLIENTS DAVY MADE A DIFFERENCE THAT MATTERS
More informationQ Results. Property report. MyHome.ie report in partnership with LACK OF HOUSING SUPPLY IS NOW HURTING TRANSACTIONS
Q3 2016 Results Property report MyHome.ie report in partnership with LACK OF HOUSING SUPPLY IS NOW HURTING TRANSACTIONS PRIVATE CLIENTS DAVY MADE A DIFFERENCE THAT MATTERS TO ME. You don t accumulate money
More informationProperty Barometer Q2 2012
Property Barometer Q2 2012 Measuring the Property Market Analysis by Annette Hughes, DKM Economic Consultants Contents 3 Introduction + Highlights 4 Market analysis 8 County by County Analysis: Market
More informationMeasuring the Property Market. Analysis by Caroline Kelleher, DKM Economic Consultants
Measuring the Property Market Analysis by Caroline Kelleher, DKM Economic Consultants Introduction PROPERTY BAROMETER Asking prices for houses in and around the country continued to show positive growth
More informationEBS DKM IRISH HOUSING AFFORDABILITY INDEX
EBS DKM IRISH HOUSING AFFORDABILITY INDEX April 2014 The EBS-DKM Affordability Index is a measure of the proportion of after tax income required to meet the first year s mortgage payments for an average
More informationTotal stock of residential properties. Detached dwellings account for 43.1% of the total stock. Terraced housing account for 27% of the total stock
GEOVIEW RESIDENTIAL BUILDINGS Report February 2015 This is the second GeoView analysis of the stock of residential properties in Ireland based on GeoDirectory s comprehensive database of over 2 million
More informationThe Daft.ie House Price Report
The Daft.ie House Price Report An analysis of recent trends in the Irish residential sales market for Introduction by Ronan Lyons, Assistant Professor at Trinity College Dublin and author of the Daft Report
More informationTotal stock of residential properties. Detached dwellings account for 45% of the total stock
GEOVIEW RESIDENTIAL BUILDINGS REPORT September 2014 GeoDirectory s comprehensive database of over 2 million residential building records. The statistics in this report relate to residential properties
More informationTotal stock of residential properties. Detached dwellings accounted for 39% of the total stock. Terraced housing accounted for 27% of the total stock
GEOVIEW Residential Q2 2016 GEOVIEW RESIDENTIAL BUILDINGS Report Q2 2016 Sold This is the fifth GeoView analysis of the stock of residential properties in Ireland based on GeoDirectory s comprehensive
More informationThe Daft.ie House Price Report
The Daft.ie House Price Report An analysis of recent trends in the Irish residential sales market for 2018 Introduction by Ronan Lyons, Assistant Professor at Trinity College Dublin and author of the Daft
More informationTotal stock of residential properties. Detached dwellings account for 41.7% of the total stock. Terraced housing account for 26.8% of the total stock
GEOVIEW Residential August 2015 GEOVIEW RESIDENTIAL BUILDINGS Report August 2015 Sold This is the third GeoView analysis of the stock of residential properties in Ireland based on GeoDirectory s comprehensive
More informationGEOVIEW. 224,003 Total stock of commercial properties 195,803 Total stock of occupied properties pp -1.2pp. 12.6% National vacancy rate
GEOVIEW Commercial Vacancy Rates Report Analysis of Commercial Buildings in the GeoDirectory Database Q4 2015 This is the final GeoView analysis for 2015 and the tenth in the GeoView series. The statistics
More informationThe Daft.ie Rental Report. An analysis of recent trends in the Irish rental market 2013 Q3
The Daft.ie Rental Report An analysis of recent trends in the Irish rental market Introduction by Ronan Lyons, Assistant Professor of Economics, Trinity College Dublin Introduction by Ronan Lyons, Assistant
More informationTotal stock of residential properties. Detached dwellings account for 40.9% of the total stock. Terraced housing account for 26.8% of the total stock
GEOVIEW RESIDENTIAL Q4 2015 GEOVIEW RESIDENTIAL BUILDINGS REPORT Q4 2015 Sold This is the fourth GeoView analysis of the stock of residential properties in Ireland based on GeoDirectory s comprehensive
More informationIPAV Residential Property Price Barometer Results for July-December 2017
The voice of auctioneers and valuers in Ireland IPAV Residential Property Price Barometer Results for July-December 2017 100K 6,55017 4 6 2 2 l-dec K 300 Jan-Ju n 201 7 25 0K,008 K 50 238 1 200K Ju K 50
More informationThe Daft.ie Rental Report. An analysis of recent trends in the Irish rental market 2012 Q4. Introduction by Ronan Lyons, Economist, Daft.
The Daft.ie Rental Report An analysis of recent trends in the Irish rental market 2012 Q4 Introduction by Ronan Lyons, Economist, Daft.ie Introduction Ronan Lyons, Economist, Daft.ie Rent inflation and
More information2. Geographical distribution
2. Geographical distribution Population by constituency Urbanisation Urban centres Population by constituency The population by constituency is an important output from each census as the total membership
More informationAnalysis of Commercial Buildings in the GeoDirectory Database Q Vacancy Rates
GEOVIEW Quarterly Commercial Vacancy Rates Report Analysis of Commercial Buildings in the GeoDirectory Database Q4 2013 This is the first GeoView end of year analysis. It is based on the quarterly reports
More informationIPAV Residential Property Price Barometer Results for January - June 2018
The voice of auctioneers and valuers in Ireland IPAV Residential Property Price Barometer Results for January - June 2018 200K 100K 150K Jan-Jun 2017 238,008 250K Jul-Dec 2017 264,556 Jan-Dec 2018 265,015
More informationFactors driving Irelands Housing Need David Duffy
Factors driving Irelands Housing Need David Duffy Residential Property Research Programme 2 Year Research Programme Funded by NAMA and IBF ESRI undertake research and publish findings Year 1 focus on demand
More informationREVIEW Q4 RESIDENTIAL MARKET & OUTLOOK % Q E442,108 % Change Since Low (Q2 2012) 82.5% 10.9% -38.3% 7.8% 2.
DUBLIN HEADLINE RESULTS Q4 2017 Annual Percentage Change 10.9% Average Dublin Second Hand Price E442,108 % Change Since Low (Q2 2012) 82.5% Percentage Change Q4 2017 1.7% % Change From Peak (Q3 2006) -38.3%
More informationHousing Watch Ireland
Strong momentum in the market Housing has been front and centre of the national discourse in recent years and with prices and rents currently experiencing strong growth will remain so for some time to
More informationPRESS STATEMENT 5 January 2017
PRESS STATEMENT 5 January 2017 NAMA has today issued an end-year summary of progress made in 2016, and since its inception, on a number of its key objectives and targets. Highlights include the following:
More informationThe Society of Chartered Surveyors Ireland - enhancing, advancing and enforcing professional standards in construction, land and property.
The Society of - enhancing, advancing and enforcing professional standards in construction, land and property. 1 Overview Independent Expert Qualified The Society of is the leading professional body for
More informationHOMELESS HAP SECTION DUBLIN REGIONAL HOMELESS EXECUTIVE. Presentation to SPC 5 th July, 2018
HOMELESS HAP SECTION DUBLIN REGIONAL HOMELESS EXECUTIVE Presentation to SPC 5 th July, 2018 WHAT IS Homeless H.A.P If you are homeless and registered as homeless with one of the Dublin Local Authorities,
More informationRESIDENTIAL MARKET REVIEW & OUTLOOK 2019
RESIDENTIAL MARKET REVIEW Q4 2018 & OUTLOOK 2019 RESIDENTIAL MARKET REPORT COMPILED BY DNG RESEARCH 2019 PAUL MURGATROYD DIRECTOR OF RESEARCH & BUSINESS DEVELOPMENT REVIEW Q4 CONTENTS 3 INTRODUCTION 5
More informationREVIEW Q3 RESIDENTIAL MARKET 434, % -35% 79.4% 11.1% HEADLINE RESULTS Q Average Dublin Second Hand Price. Percentage Change Q3 2017
RESIDENTIAL MARKET REVIEW Q3 2017 HEADLINE RESULTS Q3 2017 Annual Percentage Change 11.1% Average Dublin Second Hand Price 434,561 % Change Since Low (Q2 2012) 79.4% Percentage Change Q3 2017 2.1% % Change
More informationRole in Organisation:
Annual Regulatory Return for Tier 1 AHBs for the 2015 Year 1 Tier 1s to complete this form Section 1: General Information 1.1 ORGANISATIONAL NAME 1. Official Name of Approved Housing Body: 2. Operational
More informationDeveloping quality housing to create homes and thriving communities
Developing quality housing to create homes and thriving communities 2/3 4 Introduction 6 Part V 8 Build 10 Turnkey 12 Acquisitions 16 Refurbishment & Regeneration 19 Our Team Contents Introduction Clúid
More informationREVIEW Q4 RESIDENTIAL MARKET 0.6% Q E376, % 0.7% -47.5% HEADLINE RESULTS. Average Dublin Second Hand Price. Percentage Change Q4 2015
RESIDENTIAL MARKET REVIEW Q4 HEADLINE RESULTS Q4 2015 Annual Percentage Change 0.7% Average Dublin Second Hand Price E376,555 % Change Since Low (Q2 2012) 55.5% Percentage Change Q4 2015 0.6% % Change
More informationREVIEW Q2 RESIDENTIAL MARKET 1.5% Q E383, % 3.0% -46.5% HEADLINE RESULTS. Average Dublin Second Hand Price. Percentage Change Q2 2016
RESIDENTIAL MARKET REVIEW Q2 2016 HEADLINE RESULTS Q2 2016 Annual Percentage Change 3.0% Average Dublin Second Hand Price E383,406 % Change Since Low (Q2 2012) 58.3% Percentage Change Q2 2016 1.5% % Change
More informationAPPLICATION BY AN APPROVED HOUSING BODY (AHB) TO A LOCAL AUTHORITY FOR A LOAN UNDER THE CAPITAL ASSISTANCE SCHEME
CAPITAL ASSISTANCE SCHEME APPLICATION BY AN APPROVED HOUSING BODY (AHB) TO A LOCAL AUTHORITY FOR A LOAN UNDER THE CAPITAL ASSISTANCE SCHEME Section 1 Local Authority Name Local Authority Name Section 2
More informationDeveloping Quality Housing
Developing Quality Housing Introduction Clúid Housing is an award-winning organisation that leads the way in delivering high quality, affordable homes to people in housing need all over Ireland. Clúid
More informationARLA Members Survey of the Private Rented Sector
Prepared for The Association of Residential Letting Agents ARLA Members Survey of the Private Rented Sector Second Quarter 2014 Prepared by: O M Carey Jones 5 Henshaw Lane Yeadon Leeds LS19 7RW June, 2014
More informationRapid recovery from the Great Recession, buoyed
Game of Homes The Supply-Demand Struggle Laila Assanie, Sarah Greer, and Luis B. Torres October 4, 2016 Publication 2143 Rapid recovery from the Great Recession, buoyed by the shale oil boom, has fueled
More informationtotal stock of residential properties detached dwellings accounted for 38% of the total stock terraced housing accounted for 27% of the total stock
GEOVIEW REsIdEntIal Q2 2016 GEOVIEW REsIdEntIal BUIldInGs REPORt Q4 2016 Sold this, the sixth GeoView Residential Buildings report, comes at an interesting time, given the continued strong political focus
More informationDETACHED MULTI-UNIT APPROVALS
HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes December 217 TAX BURDEN TAKES TOLL ON New Home Sales during 217 Sales still post modest
More informationCoachella Valley Median Detached Home Price Mar Mar 2018
Median Price $450,000 Coachella Valley Median Detached Home Price Mar 2002 - Mar 2018 $392,000 $400,000 $366,285 $350,000 $300,000 $250,000 $200,000 $150,000 Media Detached Price 4% Growth Curve Summary
More informationTrends in Scottish Residential Lettings
The Citylets Report Issue 1 Spring 2007 Trends in Scottish Residential tings A Tale of Three Cities Introduction citylets.co.uk is Scotland s original residential lettings portal advertising over 45,000
More informationHousing Bulletin Monthly Report
January 21 1 Housing Bulletin Monthly Report Most new homes built in second half of 29 25, 2, 15, 1, 5, Dec 7 Jan 8 Feb 8 mar 8 apr 8 Alberta s 29 housing starts increased 72.8 per cent over 28, suggesting
More informationHigh Level Summary of Statistics Housing and Regeneration
High Level Summary of Statistics Housing and Regeneration Housing market... 2 Tenure... 2 New housing supply... 3 House prices... 5 Quality... 7 Dampness, condensation and the Scottish Housing Quality
More informationHousing as an Investment Greater Toronto Area
Housing as an Investment Greater Toronto Area Completed by: Will Dunning Inc. For: Trinity Diversified North America Limited February 2009 Housing as an Investment Greater Toronto Area Overview We are
More informationCoachella Valley Median Detached Home Price April April 2017
The Desert Housing Report Median Price $450,000 $400,000 Coachella Valley Median Detached Home Price April 2002 - $349,000 $389,000 $350,000 $300,000 $250,000 $200,000 $150,000 CV Detached Median Price
More informationREVIEW Q4 RESIDENTIAL MARKET 398, % -44.4% 64.6% 5.9% HEADLINE RESULTS Q Average Dublin Second Hand Price. Percentage Change Q4 2016
RESIDENTIAL MARKET REVIEW Q4 2016 HEADLINE RESULTS Q4 2016 Annual Percentage Change 5.9% Average Dublin Second Hand Price 398,649 % Change Since Low (Q2 2012) 64.6% Percentage Change Q4 2016 2.0% % Change
More informationAnnual Residential Property Review & Outlook
Annual Residential Property Review & Outlook the 2015 report CONTACT DETAILS Conor O Donovan Director of Policy & Communications Society of Chartered Surveyors Ireland 38 Merron Square Dublin 2 T: +353
More informationGunne Property Market
Gunne Property Market R E P O R T W I N T E R 0 6 Quarterly news from our twelve branches Gunne/ EBS Landlord Survey 2006 Top 1,000 CEO Survey 2006 Ranelagh branch opening Market Overview The most significant
More informationDETACHED MULTI-UNIT APPROVALS
HIA New Home Sales DETACHED MULTI-UNIT APPROVALS SALES MULTI-UNIT DETACHED A monthly update on the sales of new homes September 214 MULTI-UNIT SALES REACH New Cyclical Peak The HIA New Home Sales Report
More informationTotal stock of residential dwellings. of the total stock. Terraced housing accounted for 27% of the total stock 5,966
GEOVIEW Residential Q2 2017 GEOview RESIDENTIAL BUILDINGS Report Q2 2017 This, the seventh GeoView Residential Buildings report comes at an interesting time, given the continued strong political focus
More informationThe Profile for Residential Building Approvals by Type and Geography
The Profile for Residential Building Approvals by Type and Geography Key Points: ABS Building Approvals for Australia peaked back in October 2015. As we have frequently highlighted, approvals have subsequently
More informationEconomic Spotlight September 1, 2009
Economic Spotlight September 1, 29 Update on Alberta s Housing Market Summary Alberta s housing market is beginning to show signs of recovery. Housing starts have rebounded from March lows and activity
More informationSan Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook
San Francisco Bay Area to 019 Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns
More information2016 NEW HOMES CONSTRUCTION SURVEY
2016 NEW HOMES CONSTRUCTION SURVEY BELOW IS A BREAKDOWN OF WHERE OUR SURVEY RESPONDENTS OPERATE. Welcome to the first edition of the Knight Frank New Homes Construction Survey. The residential development
More informationProperty Searches. Stamp Duty return (ST21) Performing a search in Land Registry and Registry of Deeds Property Valuation
Property Searches Stamp Duty return (ST21) Performing a search in Land Registry and Registry of Deeds Property Valuation This document was updated in September 2018 Table of Contents 1 Introduction...2
More informationState of the Housing Market in Bristol 2013
State of the Housing Market in Bristol 2013 Housing Stock Bristol has 190,000 homes, and plans to increase this by around 13,000 by 2026. Currently 15% of stock is owned by the city council, 6% by housing
More informationARLA Members Survey of the Private Rented Sector
Prepared for The Association of Residential Letting Agents & the ARLA Group of Buy to Let Mortgage Lenders ARLA Members Survey of the Private Rented Sector Fourth Quarter 2010 Prepared by: O M Carey Jones
More informationHouse prices in the latest three months (March 2014 May 2014) were 2.0% higher than in the preceding three months (December February2014).
PROPERTY REPORT JULY 2014 House Prices Rightmove Not a huge jump this month according to Rightmove. Key points New seller asking prices at virtual standstill, up by just 0.1% (+ 272) this month More regions
More information16 April 2018 KEY POINTS
16 April 2018 MARKET ANALYTICS AND SCENARIO FORECASTING UNIT JOHN LOOS: HOUSEHOLD AND PROPERTY SECTOR STRATEGIST FNB HOME LOANS 087-328 0151 john.loos@fnb.co.za THULANI LUVUNO: STATISTICIAN 087-730 2254
More informationStatements on Housing 25 April Seanad Éireann. Ministers Opening Statement
Statements on Housing 25 April 2018 Seanad Éireann Ministers Opening Statement Overall Context I d like to thank the House for this important opportunity to update you on housing and related matters to-day.
More informationMinneapolis St. Paul Residential Real Estate Index
University of St. Thomas Minneapolis St. Paul Residential Real Estate Index Welcome to the latest edition of the UST Minneapolis St. Paul Residential Real Estate Index. The University of St Thomas Residential
More informationSeptember 2016 RESIDENTIAL MARKET REPORT
September 2016 RESIDENTIAL MARKET REPORT The real estate investment market in Japan has had an abundance of capital (both domestic & foreign) over the past couple of years. This, along with the low (now
More informationNAB COMMERCIAL PROPERTY SURVEY Q4 2017
EMBARGOED UNTIL 11.30 AM WEDNESDAY 21 FEBRUARY 2018 NAB COMMERCIAL PROPERTY SURVEY Q4 2017 Date February 2018 NAB Behavioural & Industry Economics KEY FINDINGS The NAB Commercial Property Index (a measure
More informationREA. Auction LEINSTER. A Guide to Buying at.
REA LEINSTER Auction A Guide to Buying at Auction www.realestatealliance.ie www.realestatealliance.ie Information for Purchasers Viewing: If you wish to view any property in this catalogue, you should
More informationReleased: February 8, 2011
Released: February 8, 2011 Commentary 2 The Numbers That Drive Real Estate 3 Recent Government Action 10 Topics for Home Buyers, Sellers, and Owners 13 Brought to you by: KW Research Commentary Gradual
More informationANALYSIS OF THE CENTRAL VIRGINIA AREA HOUSING MARKET 1st quarter 2013 By Lisa A. Sturtevant, PhD George Mason University Center for Regional Analysis
ANALYSIS OF THE CENTRAL VIRGINIA AREA HOUSING MARKET 1st quarter By Lisa A. Sturtevant, PhD George Mason University Center for Regional Analysis Economic Overview Key economic factors in the first quarter
More informationCANADA ECONOMICS FOCUS
CANADA ECONOMICS FOCUS House prices likely to fall for several years 3 rd Feb. 211 The recent housing boom has resulted in the largest rises in house prices ever seen in Canada, which have been similar
More informationLSL New Build Index. The market indicator for New Builds September The New Build Housing Market
LSL New Build Index The market indicator for New Builds September 2018 In the year to end Aug 2018 new build house prices rose on average by 5.1% across the UK which is down on last year s figure of 9.8%
More informationRESIDENTIAL MARKET ANALYSIS
RESIDENTIAL MARKET ANALYSIS CLANCY TERRY RMLS Student Fellow Master of Real Estate Development Candidate Oregon and national housing markets both demonstrated shifting trends in the first quarter of 2015
More informationComplex Buy to Let Index Q2 2017
Complex Buy to Let Index Q2 2017 This quarterly industry index tracks mortgage transaction data for Vanilla Buy to Let, Houses in Multiple Occupation (HMO), Multi-unit Freehold Blocks (MUFB) and Semi-Commercial
More informationAsking Price Index Released 14/03/17 March 2017
EMBARGOED UNTIL 14/03/17 HOME.CO UK ASKING PRICE INDEX March 2017 Released: 14/03/2017 1 of 6 Asking Price Index Released 14/03/17 March 2017 Demand Heads North as London Slumps Headlines A dose of spring
More informationNothing Draws a Crowd Like a Crowd: The Outlook for Home Sales
APRIL 2018 Nothing Draws a Crowd Like a Crowd: The Outlook for Home Sales The U.S. economy posted strong growth with fourth quarter 2017 Real Gross Domestic Product (real GDP) growth revised upwards to
More informationMANHATTAN MARKET REPORT
MANHATTAN MARKET REPORT Q1 MANHATTAN MARKET REPORT 1Q 2017 Manhattan s residential market is showing signs of improvement after a period of uncertainty leading up to the Presidential election, as it does
More informationBankwest Future of Business: Focus on Real Estate
Bankwest Future of Business: Focus on Real Estate 2018 Contents Key insights Industry overview What s driving industry growth? Spotlight on Australia Spotlight on Western Australia What does the future
More informationResidential January 2010
Residential January 2010 Karl L. Guntermann Fred E. Taylor Professor of Real Estate Adam Nowak Research Associate Another improvement to the ASU-RSI is introduced this month with new indices for foreclosure
More informationEconomy. Denmark Market Report Q Weak economic growth. Annual real GDP growth
Denmark Market Report Q 1 Economy Weak economic growth In 13, the economic growth in Denmark ended with a modest growth of. % after a weak fourth quarter with a decrease in the activity. So Denmark is
More informationSan Francisco Bay Area to Napa County Housing and Economic Outlook
San Francisco Bay Area to 019 Napa County Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting, LLC On Nov.
More informationAustralian home size hits 22-year low
Australian home size hits 22-year low CommSec Home Size Trends Report Economics November 16 2018 The average floor size of an Australian home (houses and apartments) has fallen to a 22-year low. Data commissioned
More informationVolume II Edition I Why This is a Once in a Lifetime Opportunity for Investors
www.arizonaforcanadians.com Volume II Edition I Why This is a Once in a Lifetime Opportunity for Investors In This Edition How to make great investment returns in a soft market U.S. Financing for Canadians
More informationPROPERTY BAROMETER Residential Property Affordability Review The recently improving Housing Affordability trend stalled in the 1 st quarter of 2017
21 June 2017 MARKET ANALYTICS AND SCENARIO FORECASTING UNIT JOHN LOOS: HOUSEHOLD AND PROPERTY SECTOR STRATEGIST FNB HOME LOANS 087-328 0151 john.loos@fnb.co.za LIZE ERASMUS: STATISTICIAN 087-335 6664 lize.erasmus@@fnb.co.za
More informationMULTIFAMILY MARKET REPORT GREATER TORONTO AREA FALL 2017
MULTIFAMILY MARKET REPORT GREATER TORONTO AREA FALL 2017 Table of Contents 1.0 Demand Indicators 2.0 Economic Snapshot 3.0 Multifamily Housing Market Summary 4.0 Rental Market Summary 5.0 Secondary Rental
More informationCycle Monitor Real Estate Market Cycles Third Quarter 2017 Analysis
Cycle Monitor Real Estate Market Cycles Third Quarter 2017 Analysis Real Estate Physical Market Cycle Analysis of Five Property Types in 54 Metropolitan Statistical Areas (MSAs). Income-producing real
More information3 November rd QUARTER FNB SEGMENT HOUSE PRICE REVIEW. Affordability of housing
3 November 2011 3 rd QUARTER FNB SEGMENT HOUSE PRICE REVIEW JOHN LOOS: HOUSEHOLD AND PROPERTY SECTOR STRATEGIST 011-6490125 John.loos@fnb.co.za EWALD KELLERMAN: PROPERTY MARKET ANALYST 011-6320021 ekellerman@fnb.co.za
More informationMARKET AREA UPDATE Report as of: 1Q 2Q 3Q 4Q
MARKET AREA UPDATE Report as of: 1Q 2Q 3Q 4Q Year: 2013 Market Area (City, State): Washington DC Metropolitan Area Provided by (Company / Companies): LONG & FOSTER REAL ESTATE, INC. What are the most significant
More information2013 Profile of Home Buyers and Sellers Metro Indianapolis Report
Prepared for: Metro Indianapolis Board of REALTORS Prepared by: Research Division December 2013 Table of Contents Introduction... 2 Highlights... 3 Conclusion... 6 Methodology..7 Report Prepared by: Jessica
More informationHousing Market Update
Housing Market Update March 2017 New Hampshire s Housing Market and Challenges Market Overview Dean J. Christon Executive Director, New Hampshire Housing Finance Authority New Hampshire s current housing
More informationResidential March 2010
Residential March 2010 Karl L. Guntermann Fred E. Taylor Professor of Real Estate Adam Nowak Research Associate The latest data for December 2009 reveals that overall house prices declined by 13 percent
More informationEconomic Highlights. Payroll Employment Growth by State 1. Durable Goods 2. The Conference Board Consumer Confidence Index 3
August 26, 2009 Economic Highlights Southeastern Employment Payroll Employment Growth by State 1 Manufacturing Durable Goods 2 Consumer Spending The Conference Board Consumer Confidence Index 3 Real Estate
More informationD S P Housing & Development Consultants
Woking Borough Council Community Infrastructure Levy Viability Assessment Follow-Up Ref: DSP 14263 Property market update house price trends March 2014 Dixon Searle LLP The Old Hayloft 28C Headley Road
More informationRightmove House Price Index
Rightmove House Price Index The largest monthly sample of residential property prices January 2018 London edition Asking prices down 1.4% in London this month as sellers tempt New Year buyers New-to-market
More informationREAL ESTATE MARKET OVERVIEW 1 st Half of 2015
REAL ESTATE MARKET OVERVIEW 1 st Half of 2015 With Comparisons to the 2 nd Half of 2014 September 4, 2015 Prepared for: First Bank of Wyoming Prepared by: Ken Markert, AICP MMI Planning 2319 Davidson Ave.
More informationSupplementary Welfare Allowance- Review of Maximum Rent Limits. to Department of Social Protection
Threshold submission: Supplementary Welfare Allowance- Review of Maximum Rent Limits to Department of Social Protection July 2014 Threshold, Head office, 21 Stoneybatter, Dublin 7. Tel: 01-6353650 Email:
More informationCONSUMER CONFIDENCE AND REAL ESTATE MARKET PERFORMANCE GO HAND-IN-HAND
CONSUMER CONFIDENCE AND REAL ESTATE MARKET PERFORMANCE GO HAND-IN-HAND The job market, mortgage interest rates and the migration balance are often considered to be the main determinants of real estate
More informationMARKET STRATEGY VIEWPOINT U.S. Housing Decelerating
Jan-01 Oct-01 Jul-02 Apr-03 Jan-0 Oct-0 Jul-05 Apr-0 Jan-07 Oct-07 Jul-08 Apr-09 Jan-10 Oct-10 Jul-11 Apr-12 Jan-13 Oct-13 Jul-1 Apr-15 Jan-1 Oct-1 Jul-17 Apr-18 U.S. Housing Decelerating August 27, 2018
More informationBuy-to-Let Index Scotland
Buy-to-Let Index Scotland Under embargo until 00:01 Wednesday 24 th February 2016 January 2016 Scotland s tenants move back into the black Six-month low for late rent, with only 11.1% of January rent falling
More informationThames Gateway South Essex
Thames Gateway South Essex Housing Market Trends Quarterly Report April 2010 House Prices, Affordability & Market Indicators Housing Market Trends Quarterly Report April 2010 Introduction This report monitors
More informationProperty Watch Q3 15. Inside this Issue: Residential Rents Continue to Rise Across the Country +9%
Property Watch Q3 15 From Property Industry Ireland, the most influential property organisation in Ireland Inside this Issue: Residential Rents Continue to Rise Across the Country +9% Strong Prospects
More informationContents SEPTEMBER 2009
Contents Two Tier Market:...1 Overview & Commentary: The National Picture...2 Overview & Commentary: The Regional Picture...3 Overview & Commentary: Supply...3 Property Prices (National)...4 National Bedroom
More informationUK Office Market Report
UK Office Market Report Winter 21 211 will remain challenging for some cities, however, the muted development pipeline will help underpin rents. Prime yields have continued to harden, albeit at a slower
More informationMultifamily Market Commentary February 2017
Multifamily Market Commentary February 2017 Affordable Multifamily Outlook Incremental Improvement Expected in 2017 We expect momentum in the overall multifamily sector to slow in 2017 due to elevated
More informationAugust 2012 Design by Anderson Norton Design
August 2012 Design by Anderson Norton Design 020 7336 6992 Property Data Report 2012 Introduction 1 Commercial property by comparison UK commercial property s value in 2011 reached 717 billion, helped
More information