Irish Development Land Market Q1 2024
"Improved market activity compared to a year ago, although it remains below long-term average"
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"Improved market activity compared to a year ago, although it remains below long-term average"
Sherry FitzGerald is pleased to announce the appointment of Darren Chambers as Residential Director. Darren brings with him over three decades of extensive experience in the Dublin property market, having previously held the position of Director at Lisney Sotheby’s International Reality.
Read Sherry FitzGerald Country Homes' Review of 2023 & Outlook for 2024
Sherry FitzGerald, Ireland’s largest estate agent, reported today (Tuesday, April 9th, 2024) that the first three months of 2024 saw investment turnover in the Irish commercial property market reach €163 million, the lowest quarterly level recorded since records began in 2013. A total of 20 investment transactions closed during the quarter. Although this is lower than the volumes witnessed in recent years, it is greater than those recorded in mid-2020 when the economy was in lockdown.
Sherry FitzGerald, Ireland’s largest estate agent, reported today (Thursday, March 28th, 2024) that the average value of second-hand homes in Ireland increased by 2.0%[i] in the first quarter of 2024. Overall, average values have increased 5.1% over the past twelve months. This compared to annualised growth of 3.6% in the year ending quarter one 2023.
[i] The Sherry FitzGerald house price index model reflects achieved prices which results in a differential when compared to other industry commentators using data sources such as vendor expectations, asking prices, average values etc.
A selection of the most Frequently Asked Questions we receive daily from our First Time Buyer Community to help you get on the right path to purchasing your new home.
Leading Kerry Real Estate Agency Earns Sherry FitzGerald Franchise Member of the Year Accolade.
Hosted by Sherry FitzGerald CEO, Steven McKenna in the historic Croke Park on Thursday 22nd February. The event was filled with inspiration, knowledge sharing, and of course, plenty of motivation to fuel our journey ahead.
Sherry FitzGerald has announced a sponsorship agreement with Historic Houses of Ireland (HHI). This collaboration marks a significant alliance between Sherry FitzGerald, the exclusive affiliates of Christie's International Real Estate, and the esteemed organisation dedicated to representing Ireland's privately owned historic houses and castles.
Sherry FitzGerald Group, Ireland's leading property and financial services advisory firm, is pleased to announce it has acquired one of Northern Ireland’s leading estate agents, Simon Brien Residential. This strategic move marks a significant expansion for Sherry FitzGerald Group into the Northern Ireland market and reinforces its leadership position in the market.
Sherry FitzGerald Research's latest bi-annual analysis indicates a severe shortage in available housing stock, reaching a new historic low. In January 2024, only 11,050 second-hand properties were listed for sale nationwide, representing a mere 0.6% of the entire private housing stock in Ireland.
"Sherry FitzGerald Financial Services MD, Shane Quinlan, Optimistic About 2024 Mortgage Market Despite 17% Drop in 2023 – Highlights First-Time Buyer Surge and Anticipates Switching Uptick"
“2023 saw commercial property investment fall to the lowest level in a decade at just over €2 billion, but activity levels are expected to pick up in 2024 with the anticipated reductions in interest rates expected later in the year."
Forecasting the future is inherently challenging, especially considering the multifaceted influences affecting the current housing market. Despite a series of ten interest rate increases over the past 16 months, the demand for various property categories has proven resilient, with transaction volumes largely consistent with those of 2022.
Sherry FitzGerald Stack has announced the opening of their second office. Their new office in Listowel, Co Kerry complements their flagship Abbeyfeale office in Co Limerick, where they've consistently delivered exceptional service to their customer base spanning West Limerick and North Kerry.