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Tag Archives: Daft.ie

Clare TD says new policy needed as rents skyrocket

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 …

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Banner house prices still rising

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 …

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Rents surge in Clare with few properties available to let

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 …

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Property prices surge as supply issue reigns

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 …

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Clare property prices still going up despite pandemic, report indicates

THE prices being sought for houses around the Banner were 2% higher in the first three months of 2021 than they were during the first quarter of 2020 according to the latest Daft.ie report. The average asking price of a house in Clare is now €191,000, 60% higher than at the lowest point of the market. Across the country, the average price of a home is now €233,000, up 63% on the worst depths of the crash. In Clare, prices in the first three months of 2021 were 2% higher than a year previously, compared to a fall of 2% seen a year ago. The average price of a home is now €191,000, 60% above its lowest point. During the first quarter of the year the average amount sought for a one bed apartment was €79,000, while it was €94,5000 for a two bedroom terraced house and €129,000 for a three bed semi detached house. The average price sought for …

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Average rent increases by 2.4% in Clare

The listed monthly rent in Clare increased four times higher than the national average last month, new figures have revealed. According to new statistics released by Daft.ie, the average listed monthly rent nationwide rose by 0.5% in June, the third consecutive month of marginal gains. The rise was largest in Leinster 1.5% but was present in all four regions covered, particularly in Clare where rent prices for a three-bed semi-detached house increased by 2% to €814. The national property website outlined that overall rents in Clare jumped by 2.4% up to €879 in July, which was one percentage point behind County Limerick where rents jumped by 3.4% up to €925. However, this was in sharp contrast to Limerick City where the average rent stands at €1,217 down 0.7% or in Tipperary where rent increased by 0.7% up to €858. Nationally, the average rent price is €1,412. The biggest increase in rents in Clare was recorded for large spacious properties as …

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Average house price in Clare approaches €200k

THE average price sought for a house in Clare is now approaching €200,000. That’s one of the findings of the latest Daft.ie house price report, which analyses trends in the Irish residential sales market in the second quarter of the year. It found that the average asking price for Clare is €196,817, up 11.5 % on the second quarter of 2018. The average was up 3.1% compared to the first quarter of 2019, and the increase from the trough of the recession is 64.6%. There were 136 transactions involving new homes, a reduction of 13% year on year. The asking price for an average one-bed apartment in Clare was €84,000 during the quarter, while for a two-bedroom terraced house it was €99,000. Three-bedroom semi-detached houses had an average asking price of €132,000, while the average for four-bed bungalows was €270,000. For five-bed detached houses it was €284,000. Writing in the Daft.ie report, economist Ronan Lyons found there is still little …

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Rents rise 10.8% in Clare

While rents rose nationwide by an average of 11.7% in the year to September 2016, in Clare rents increased by 10.8%, according to the latest quarterly Rental Report by Ireland’s No.1 Property Website Daft.ie. This is the largest annual increase in rents ever recorded in the Daft.ie Report, which extends back to 2002. In Clare, rents were on average 10.8% higher in the third quarter of 2016 than a year previously. The average advertised rent is now €655, up 24% from their lowest point. In Dublin, the annual rate of inflation in rents, in the year to September 2016, was 12.1%, its highest late since late 2014. Rents in the capital are now 9.3% higher than their previous peak in early 2008. In Cork, rents rose by 14.4% in the year to September, a slight easing of inflation compared to earlier in the year. Rents in Galway are 10.9% higher than a year previously, while rents in Limerick have risen …

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