Ireland Real Estate News
Ireland
Third-Party Hotel Operators Set to Increase Across Europe in 2023
According to a new report from global hotel consultancy HVS, the number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits.
Ireland Home Prices Ticked Up 6 Percent in 2022
According to Daft.ie, Ireland's home prices rose by 6.1% during 2022. The average listed price nationwide in the final quarter of 2022 was €309,941, down 0.4% on the average for the third quarter of the year and 16% below the Celtic Tiger peak. The 6.1% increase in 2022 compares with increases of 8.1% in 2021 and 7.7% in 2020 and a fall of 1.2% in 2019.
Global Home Prices Still Rising in 2022, But at Much Slower Pace
According to international property consultant Knight Frank, house prices across 56 countries and territories are still rising at a rate of 8.8% per annum, down from 10.9% at their peak in Q1 2022.
Ireland Experiences Sharpest Residential Rent Increases in History
Based on the latest Rental Report by daft.ie, Ireland residential market rents in the third quarter of 2022 were an average of 14.1% higher than the same period a year earlier, as availability of rental homes remained near an all-time low.
