Tag Archives: Daft.ie

HOUSE prices in Clare fell by 1.6% in the last three months of the year, according to Daft.ie. It found that while Clare house prices were still 5.7% higher at the end of 2022 compared to a year earlier, they had dropped by 1.6% in the final quarter of the year. The average house price sought in Clare on Daft.ie in the final quarter of last year was just over €234,000, almost twice the amount sought at the low point of the crash. In Clare the average price sought for a one bedroom apartment now stands at €99,000, 14% greater than at the end of 2021. At the other end of the spectrum the average price sought for a five bedroom detached house is €299,000, down 1% on the end of 2021. Writing in the Daft.ie report, economist Ronan Lyons said that supply and demand may be beginning to align. “During the 2010s a pattern emerged of what the academic …

THE average price sought for rental properties in Clare increased by 9% between the third quarter of last year and the third quarter of this year, according to Daft.ie. It stated that the average rent sought in Clare now stands at €1,167 per month. The average price sought for a one-bedroom apartment is now €788, while at the other end of the scale an average five-bedroom house now costs €1,395 per month. It is cheaper to buy than rent across all house sizes, with the difference being particularly noticeable for smaller properties. For instance the average rent on a one-bedroom apartment is more than twice the €378 it would cost to pay a mortgate on a similar property. Rents across Clare increased by just under 2% compared to the second quarter, while they are now 117% above what was being sought at the lowest point of the recession. Writing in the Daft.ie rental report, Trinity College economist Ronan Lyons said …

THE average rent sought for a new tenancy in Clare was €1,145 in the second quarter of the year. At the low point of the recession the average rent here was just €537, but it has since increased by 113%, and things are still getting worse rather than better for prospective renters. During the quarter Clare rents increased by 3.2%, while they were 12.9% higher than at the same time in 2021. At the moment buying a property is very likely to be significantly cheaper than renting a similar one. According to Daft.ie, the typical rent for a one-bedroom apartment in Clare is €765, while mortgage repayments would typically be less than half that, €368, per month.  Renting a three-bed house in Clare costs on average €1,029, while mortgage repayments on a similar property would be €622. This week the website had just 20 properties available to rent in Clare, with only four of those on offer for less than …

THE Banner county’s property market is scorching hot according to a number of recent indicators. Research from Daft.ie this week shows that rents in the county are now more than twice what they were at the low point of the crash. The latest Daft.ie rental price report states that rents here were 15.7% higher in the final quarter of 2021 compared to the final quarter of 2020. The average asking price to rent a property in Clare is now 102% above its lowest point. Daft.ie is an extremely popular portal for people looking to rent a home, and on Tuesday it showed just 18 properties available to rent in the whole county, illustrating how tight the market is. One crumb of comfort for renters is that the rate of increase in price does seem to be slowing. The increase in the last quarter of the year was 1.6%, whereas year on year it was 15.7%. According to Daft.ie it is …

TD says more creative solutions required to address housing shortage WITH average rents in Clare now standing at €1,061 a month, prices are causing severe financial difficulties for couples, families and individuals around Clare. Prices have doubled since the recession, and Clare TD Michael McNamara said there is a need to make sure all existing houses are used and more are built. The Scariff man said that local authorities need to get houses back into use quickly when tenants, leave, with some Councils allowing long gaps. Also, he said that in Clare derelict units must be restored. “It could be put back into use quickly if either schemes were in place to incentivise private landlords or if the Council were to use their powers under the Derelict Sites Act. “It’s something that could be done quickly, there are structures there, and almost all of them are pre 1963 so enjoy planning permission, it’s a matter of repairing them, compulsorily acquiring …

ACCORDING to the latest research from Daft.ie the mean price sought for a house in Clare during the third quarter of the year was €219,189, up by 17.5% on the same period last year. Separate research from MyHome.ie indicates that the median price sought in Clare was €240,000, with the county having seen what was described as “”by far the sharpest price rise in Munster”. The mean price (the measure used by Daft.ie) is the average, while the median (the measure used by MyHome.ie) is the number with half the properties valued above and half below this price. According to MyHome.ie the median price sought for a two bed apartment was €125,000, while the median price for a four bedroom semi detached house was €230,000. Daft.ie found that the average asking price for a two bed in Clare was €105,000, with a three bedroom semi detached being €153,000 and a four bed bungalow €289,000. Pressure on housing was one of …

Average rent sought in Clare in Q2 climbs to €1,009 THE average price sought for a rental property in Clare now exceeds €1,000, as the market continues to get hotter and hotter. According to the latest Daft.ie report, the average rent sought in Clare in the second quarter of the year was €1,009. This was up by nearly 4% on the first quarter of the year, and by almost 15% compared to the same time last year. The change from the low point of the market has been quite dramatic, with a rise of 91.6% seen in Clare. Clearly supply is at a premium in the Banner at the moment, with just 20 properties available for rent on daft.ie on Monday. Of these, nine came with monthly rents of €1,000 or more.  Ten of the properties only had two bedrooms, indicating a tiny amount of suitable options for families. At the moment research from Daft.ie suggests that it is now …

Report shows average asking price for house in Clare now in excess of €210,000 HOUSE prices in Clare are rising at the quickest rate in years, new figures from Daft.ie show. In its report on the second quarter of the year, Daft.ie found that the average price sought for a house in Clare is now €210,676. That was up by 9.2% on the previous quarter and by 15.4% on the second quarter of 2020. House prices in Clare are now 76.2% higher than they were at the bottom of the market, near the beginning of the last decade. While the level of growth in prices in Clare is obviously very significant, it was below average for Munster in percentage terms, with asking prices across the province increasing by 18% year on year. Writing in the Daft.ie report, Professor Ronan Lyons of Trinity College stated that Covid resulted in an intensification of demand, and a decline in available supply as construction …