Seven-day warning on property tax.
More than 50,000 householders who have still not paid their property tax have been given seven days to cough up before it is deducted from source.
Seven-day warning on property tax.
More than 50,000 householders who have still not paid their property tax have been given seven days to cough up before it is deducted from source.
Irish house prices post first annual rise since crash
DUBLIN (Reuters) - Irish residential property prices have recorded their first annual rise since a property crash crippled the country's economy in 2008, a landmark in what has been an uneven recovery for the bailed-out country.
Irish Mortgage Lending Hit Fresh Low In First Quarter.
The number of new mortgages issued in Ireland fell to their lowest first-quarter level since data was first collected eight years ago, further tempering hopes that house prices would begin to rebound following a devastating property crash.
Residential House Prices Drop By 3%
House prices have fallen again around the country, latest figures show.
One of the biggest casualties of the economic crisis that has inflicted misery - and subsequent austerity - on millions of people around the world was the housing market. One of the countries that had benefited from the good times was Ireland where, when the Celtic Tiger was roaring at its loudest, there was plenty of profit to be made in a sector of the economy that seemed, on the outside at least, to be rock solid.
An annual self-assessed Local Property Tax (LPT) charged on the market value of all residential properties in the State will come into effect from 1 July 2013. It will be administered by Revenue and a half-year charge will apply in 2013.
NAMA extends 80/20 Deferred Payment Initiative to an additional 100 units in 4 counties
The National Asset Management Agency (NAMA) has today launched the third phase of its residential mortgage 80:20 Deferred Payment Initiative, featuring an additional 100 houses and apartments in 4 counties bringing the overall offering to close to 400 properties.
Number of ghost estates declining
Almost two-thirds of the country's 1,770 ghost estates are in a seriously problematic condition, it has been revealed.
Signs of recovery in the housing market have taken a hit with prices falling again.
Official figures show residential property prices fell in October by 0.6%, despite August and September boasting the first increase for two months in a row.
Irish house prices grew for just the second time in five years in July, rekindling hopes that the market may be bottoming out after a slump of as much as 50 percent.
Irish property prices have fallen 50 percent peak to trough in the past four years after a property bubble burst spectacularly, leaving banks with huge losses and homeowners with hefty mortgage repayments.
Further signs of recovery in the housing market have been revealed, with the market up 2.4% overall in Dublin.
Official figures put the national market up 0.9% but most industry experts suggest that there is a wider picture developing of pockets of strong revival.
As France's president-elect plans to overhaul the EU fiscal pact and Greek voters turn against austerity, some in bailed-out Ireland are asking if it too has to keep taking the financial pain. Since receiving an 85-billion-euro EU-IMF bailout in November 2010, Ireland has kept its side of the bargain, slashing away at its deficit with its people feeling the sharp end of the cuts.
Up to 1,500 building jobs will be created over the next two years on back of 1.5m sq feet of new build. The jobs and economic impact generated by these new projects will be a shot in the arm to the industry and we hope to see further investment in the months and years ahead. Tom Parlon, director general of the Construction Industry Federation .
The recent strong flow of FDI projects announced will deliver a significant boost for the construction industry, IDA data indicates.
The Taoiseach has confirmed that households will have to pay for their own water meters, however he said the cost had not yet been determined by the regulator. Enda Kenny said the cost will not include an installation charge because that will be covered by a loan from the National Pensions Reserve Fund.