The latest Sherry Fitzgerald housing report is availabile here.
[broken link removed]
Here is an analysis from todays Independent [broken link removed]
It seems incredibile to me that in the current climate of decreasing yields and increasing interest rate that almost half (41%) of new homes are being bought by investors - up from 30% at the same time last year.
In the second hand market it seems that 20% of the houses where bought by investors and 29% of houses where sold by investors, is this a sign that investors are getting out of the second hand market?
Seems renting is still cheaper that it was in 2001 - not many things you can say that about nowadays.
Affordabiility seems to have reached the very upper limit of what is advised by the Financial Regulator and is at 44% of net montly income for a couple in Dublin buying a new home on a 90% mortgage.
[broken link removed]
Here is an analysis from todays Independent [broken link removed]
It seems incredibile to me that in the current climate of decreasing yields and increasing interest rate that almost half (41%) of new homes are being bought by investors - up from 30% at the same time last year.
In the second hand market it seems that 20% of the houses where bought by investors and 29% of houses where sold by investors, is this a sign that investors are getting out of the second hand market?
Seems renting is still cheaper that it was in 2001 - not many things you can say that about nowadays.
Affordabiility seems to have reached the very upper limit of what is advised by the Financial Regulator and is at 44% of net montly income for a couple in Dublin buying a new home on a 90% mortgage.