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Ireland

Global Commercial Investment Hits $282 Billion in Early 2022

According to new data by CBRE, global commercial real estate investment volume increased by 34% year-over-year to $282 billion in Q1 2022. Investment was up by 47% in the Americas, 25% in EMEA and 5% in Asia-Pacific. Note that all investment totals and percentage changes cited in this report are in U.S. dollars.

Ireland Home Prices Still Rising in Early 2022

Based on a new report by property portal Daft.ie, Ireland home prices rose by 2.4% on average during the first three months of 2022. The average listed price nationwide in the first quarter of 2022 was €299,093, up 8.4% on the same period in 2021 and just 19% below the Celtic Tiger peak.

Ireland Home Prices Uptick 7.7 Percent in 2021

According to the latest sales report from Daft.ie, Ireland housing prices rose by 7.7% on average during 2021. The average price nationwide in the final quarter of 2021 was €290,998, up 0.6% on the third quarter of 2021 and just 21% below the Celtic Tiger peak.

Ireland Housing Rents Spike 7 Percent Annually in Q3

Based on a new Ireland Rental Report by daft.ie, residential rents in the third quarter of 2021 were an average of 6.8% higher than the same period in 2020. The average monthly rent nationwide between July and September was €1,516, up 2.6% on the first quarter and more than double the low of €742 per month seen in late 2011.

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