SCSI Regional Residential Property Reports 2019

SCSI Regional Residential Property Reports 2019

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Connaught/Ulster

The report expects Connaught prices to increase by 5% in 2019, down from 8% as reported in 2018.

Among the key findings in Connaught and Ulster:  

  • Owners of 3 bed semi-detached houses in Connaught and Ulster are likely to see the highest price growth this year, with estate agents predicting a price increase in value by 6%. 
  • Within the region, 47% of agents expect to market new homes in 2019, compared to just 23% in 2018.  
  • Over 80% of SCSI agents in Connaught and Ulster indicated that vendor expectations increased in 2018.  
  • The SCSI report highlighted that the aging population growth is leading to a changing profile of buyers and the need for smaller but a more age-friendly housing supply.  
  • The report reveals 90% of SCSI agents expect prices to rise in 2019, none of whom are expecting prices to fall, marking an increase on expectations last year.

Read The Full Report Here >

 

Munster

National residential property predicted to increase by 4% in 2019, with Munster up 5% in 2019

Among the key findings in Munster:  

  • The report expects Munster house prices to increase by 5% in 2019, down from 7% as reported in 2018 – which aligns neatly with the official CSO statistics which recorded 7% house price inflation year -to- date at November 2018.
  • Apartments are likely to see the highest price growth this year (5%) with estate agents (62%) predicting an increase in market activity in Munster in comparison to the national average figure of 45%.

Read The Full Report Here >

 

Rest of Leinster

Leinster housing supply impacting inflation as predicted, residential price increases set to slow

Among the key findings in Leinster:

Residential prices in Leinster also predicted to increase by 4% in 2019, down from previous predictions 12 months ago of 8%

Average rents in Leinster expected to increase by 6%

72% of agents reported that one of the top three market concerns is that Landlords are exiting the rental market

The level of housing starts has grown by almost 250% in the past three years in the greater Leinster region

 

 

Read The Full Report Here >

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