Current public sentiment towards the housing market?

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StoppedClock said:
Starting to get confused himself he then sought clarity by asking if the price his house eventually sells for is less than the AMV + 15% (from Spring) would this mean prices were falling? ...the EA said no.

Bananas.
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Hilarious - "Prices are NOT falling, they're just lower than they were in Spring"
 
I don't like barbequed cats....

But I do like steak - preferably fresh off the bull!
 
Atr least Phibsboro has the metro to look forward to. There are 130 for sale in Drogheda on my home. A whopping 231 on Daft for sale in Drogheda. That's some choice.
 
what about this ?

Economic growth likely to exceed expectations
15:48 Thursday October 19th 2006

The Department of Finance said this afternoon that economic growth is likely to exceed expectations this year.
Growth of 5% had been forecast, but that's now being revised to between 5.25% and 5.75%.

While the department's pre-budget outlook confirms that Minister Brian Cowen will have more than expected to spend this December, he has ruled out a pre-election giveaway.

 
I geet the impression that the announcement of the metro routing has been more low-keyed than I would have expected. I don't know if the expectation of the route has already been built into some house pricing or not...I'll be interested to see its effect.

Inventory in Swords continues to rise.

DAFT: 113 MyHome 164. I think there are something like 4 two bedroomed houses on sale in Ridgewood Square alone and Ridgewood isn't one of the bigger estates there. And asks for two bedroomed apartments in Boroimhe have been stuck between 330K and 335K for the past two months.
 
Calina said:
I think there are something like 4 two bedroomed houses on sale in Ridgewood Square alone and Ridgewood isn't one of the bigger estates there.
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4 out of the 28 houses in my portion of the estate I live in are for sale. Don't seem to be moving either. Donnybrook, Cork.
 
Calina said:
And asks for two bedroomed apartments in Boroimhe have been stuck between 330K and 335K for the past two months.
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Supply sure is up but I haven't seen evidence of a fall in prices here since June probably due to a metro premium being priced in.
 
Re: what about this ?

topman said:
The Department of Finance said this afternoon that economic growth is likely to exceed expectations this year.
Growth of 5% had been forecast, but that's now being revised to between 5.25% and 5.75%.
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Thats a measure of the past 12 months, with 90K houses built in the same period that probably about right. If 75K houses are built in the next 12 months I wonder what the figure will be like.
 
Re: what about this ?


That's some url!!

Not predicting anything one way or the other but since sentiment is all that matters** then even growth of 6,7,8 % will make no difference once the illusion has been shattered.


** ps the reason i think this is the longest thread of all is that it has correctly identified that sentiment is everything, economy going tits up or growing for ever and ever is only ons ingredient to sentiment
 
Between Luas / Dart / Metro and further extentions and additions, in about 15 years most places in the greater Dublin area will be within 15 minutes walk of a station. Surely the Metro announcement has devalued property on the Luas route.
 
plaudit said:
Between Luas / Dart / Metro and further extentions and additions, in about 15 years most places in the greater Dublin area will be within 15 minutes walk of a station. Surely the Metro announcement has devalued property on the Luas route.
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Well since Metro is northside, mainly and property values are traditionally an average lower than they are southside and Luas is southside and the money being commanded for property in Dundrum and Sandyford turned me into a gibbering wreck, I'm not entirely sure that will be the effect per se.
 

We'd prefer that you referred to our property prices up here as "more realistic" thank you very much!
 
conor_mc said:
We'd prefer that you referred to our property prices up here as "more realistic" thank you very much!
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Why? Just because they are more realistic than the southside doesn't necessarily imply that they are, in fact, realistic at all....Come on. One bedroomed apartments in Abbeystone for 285K? That is a totally insane price for 1) a one bedroomed apartment and 2) a one bedroomed apartment in an estate that has precious little to commend it other than proximity to the M1 citybound and a fifteen minute walk or so to the biggest motor retail park in Dublin (apparently).

Are you an estate agent, or something?
 

'Twas a joke, but I did say more realistic.

Re being an EA..... eh I think I've established my credentials in the bear camp by now, no?

EDIT - and I see the smileys now....
 
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