New Homes Selling At Fastest Rate Since July 2008

Sales of new homes in January reached their fastest pace since July 2008, reviving hopes of a sturdy recovery in the housing market after growth slowed at the end of last year. New home sales increased 9.6 percent in January to a seasonally-adjusted annual rate of 468,000, the Commerce Department reported Wednesday, easing concerns that [...]

By |2014-02-27T08:55:13+00:00February 27th, 2014|House Purchase, House Sales, News|

Mortgage approvals for house purchases rise

Mortgage approvals for new house purchases climbed to their highest level since September 2007 in January, but lending to companies fell again, industry figures on Tuesday showed. Government incentive schemes such as Help to Buy, which allows buyers to get 95% mortgages, helped drive up gross mortgage borrowing by 38% to £10.8bn during the month [...]

By |2014-02-27T08:15:26+00:00February 27th, 2014|House Purchase, House Sales, News|

Volume of house sales in Dublin rose 17% last year

Dublin saw a 17 per cent increase in residential property transactions last year compared with 2012, and the total value of those transactions grew by 34 per cent, according to new analysis of the Residential Property Price Register (propertypriceregister.ie). The figures compiled by property website myhome.ie reflected increased activity in the property market with an [...]

By |2014-02-21T09:33:11+00:00February 21st, 2014|House Purchase, House Sales, News|

House sales spike in last quarter

In the last quarter of 2013, there were just over 4,800 residential property sales recorded which is a 28% increase over the year and a 16% increase over the quarter. The number of sales is the highest quarterly figure since 2007. The figures are published in the Northern Ireland Residential Property Price Index (NI RPPI), [...]

By |2014-02-20T13:05:59+00:00February 20th, 2014|House Purchase, House Sales, News|

Baby Steps

The news that  NAMA has introduced a house sales product designed to protect purchasers from further falls in house prices has to be welcomed. Whilst the proposed scheme, which essentially protects purchasers from a fall in house prices of up to 20% over next five years is not without flaws, it is a step in [...]

By |2012-05-09T08:32:18+01:00May 9th, 2012|House Sales, NAMA|
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