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44% of people now work from home at least 1 day a week – ComReg survey

A new consumer survey shows that 44% of respondents now work from home online at least one day a week. The Commission for Communications Regulation’s latest Broadband Connectivity consumer survey also shows that a third of respondents work from home online at least three days a week. ComReg noted that working from home online is…

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Historically low housing stock levels impacting market – Sherry FitzGerald

The stock of second-hand homes available on the market has reached a historic low, according to estate agents Sherry FitzGerald. Its analysis shows that there were 13,750 homes – excluding new builds – listed for sale in July, representing just 0.7% of the entire private housing stock in the country. Sherry FitzGerald says it amounts…

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Irish economy will outperform EU peers – Mastercard

The Irish economy will continue to outperform its EU peers, according to the Mastercard Economics Institute, as consumer fundamentals remain strong. It said Irish consumers have been relatively resilient despite the huge inflation shock. A tight labour market with strong employment growth and historically low unemployment at 3.8% in June has supported the economy. Mastercard…

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Conveyancing delays leading to failed property sales – IPAV

Growing and serious delays in the conveyancing process are leading to property sales falling through, estate agents are reporting. A survey conducted by the Institute of Professional Auctioneers and Valuers (IPAV) has found that four out of every five agents say they have seen sales fail because of the problem. 26% said it occurred frequently,…

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Exports down 3% in first half of 2023, imports up 2% – CSO

New figures from the Central Statistics Office figures show that the country’s unadjusted exports increased by €1.8 billion to €19.5 billion in June compared with the same time last year. When seasonally adjusted, exports of goods grew by more than €2.4 billion compared with May, the CSO said. Today’s figures show that unadjusted imports for…

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Plans to double public service apprenticeship places

The Government has announced plans for nine new apprenticeship programmes in the public service. If realised, the proposals will lead to the doubling of apprenticeship places in the public service including local authorities over the next two years. Currently there are around 373 such apprenticeships in operation, up 103 since 2021. The development of a…

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Decline in construction activity in July – BNP Paribas Real Estate

After having returned to growth in June, construction activity in Ireland saw a renewed decline in July, after the BNP Paribas Real Estate Purchasing Managers’ Index. It also highlighted the first fall-off in new orders in six months. John McCartney, Director & Head of Research at BNP Paribas Real Estate Ireland, said the decline in…

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Gas demand down by 20% in July – Gas Networks Ireland

New figures today show that gas demand decreased by 20% in July compared to the same month last year, and by 8% when compared to June. Gas Networks Ireland said that gas demand fell by 46% in the construction sector, by 32% in the large office sector and by 31% in the education sector. Gas…

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Advertised rents rise another 2.4% in second quarter – Daft.ie

Advertised rents across the country increased by 2.4% between April and June, when compared to the first three months of the year. According to property listings website Daft.ie, the average market rent nationally in the second quarter stood at just under €1,800. It means rents sought in the open market are now 10.7% higher than…

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