Dublin office block to sell for €32m off peak
A MODERN office building off Shelbourne Road in Ballsbridge, Dublin 4, sold at the peak of the property bubble in April 2006 for a highly-inflated value of €47 million, is about to change hands again...
View ArticleA fifth of Irish mortgages will default, predicts ratings agency
BORROWERS OWING a fifth of Irish mortgages are expected to default on their loans and house prices will fall by 60 per cent from the peak as the increase in the number of people falling into arrears is...
View ArticleNumber of mortgage top ups falls by 97% since peak
New research from the Central Bank has shown that the number of mortgage top-up loans for equity release has fallen by 97 per cent since the peak of the property boom. The research showed that between...
View ArticleMortgage arrears problem to peak next year, insist Goodbody’s
Goodbody Stockbrokers has predicted that the mortgage arrears problem for homeowners will peak next year. A new report from the Ballsbridge-based stockbrokers also revealed that it could be another...
View ArticleCommercial property at the bottom of a deep cycle, according to Goodbody
Commercial property prices have fallen by 67% since their peak and are now at the bottom of a deep cycle, according to Goodbody Stockbrokers. A new report from the firm claims that commercial property...
View ArticlePermanent TSB say mortgage arrears are below the peak
In a trading statement ahead of its annual shareholder meeting today, Permanent TSB says total mortgage arrears are now 10% below peak levels hit last year. The number of mortgage approvals is up 80%...
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Bottom of housing market not yet reached, insist Davy's
Davy Stockbrokers The collapse in the Irish property market is not over with prices expected to fall by up to 70% from the house price bubble peak before they bottom out, according to a report from...
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Property prices have halved since peak, insist rating agency
Rating agency Standard & Poor’s has said that residential property prices in Ireland have halved since their peak. In new research on the Irish mortgage market, it has warned that the correction...
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Dublin homes selling at 70% less than peak price, insist Savills
Houses in prime locations in Dublin are changing hands at prices as much as 70% down from the peak in 2006/2007, according to estate agents Savills. Prime property transactions are closely watched by...
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Dublin house prices up in Q2, insist Sherry FitzGerald
The latest results from the Sherry FitzGerald property index reveal that Dublin house prices increased, albeit moderately, for the first time since prices began falling during the final quarter of...
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Dublin office block to sell for €32m off peak
Brooklawn House A MODERN office building off Shelbourne Road in Ballsbridge, Dublin 4, sold at the peak of the property bubble in April 2006 for a highly-inflated value of €47 million, is about to...
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