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    Cosy Cottages: Five of the best cottages on MyHome.ie right now

    As we head into the shorter evenings there’s something comforting about the prospect of cosying up in front of the fireplace after a long day.
    Where better to do that than in one of the many fine cottages around Ireland.
    Here we look at five of the best available on MyHome.ie right now…
    Birch Cottage, Bannow, Co Wexford

    Stripe Cottage, Furbo, Co Galway

    Walnut Cottage, Coolacussane, Dundrum, Co Tipperary

    Claremoy Cottage, Clooneyogan South Moy, Lahinch, Co Clare

    Ruby Cottages, Carrigtishane, Rineen, Skibbereen, Co Cork More

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    Plough On – Some of the best farmhouses on the market right now

    The Ploughing Championships were due to have taken place this week but, like many events this year, it has fallen victim to Covid-19.
    Thankfully, there is another event planned for Laois next year but the love of farming is a year round one.
    With that in mind, we decided to look at some of the best farms and farmhouses on the market right now around the country.
    Check them out below…
    Holly Farm, Rathdrum, Co Wicklow
    Loughbeg Farm, Lissacaha, Schull, Co Cork

    Knockadreet Farm, Knockadreet, Ashford, Co Wicklow

    Swanberry Farm, Pallas, Gorey, Co Wexford

    FoxMeadow House Stud Farm, Kileen, Mullinavat, Co Kilkenny More

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    Residential property prices fall by 0.5% nationally

    Residential property prices decreased by 0.5% nationally in the year to July, according to the latest figures from the Central Statistics Office.
    By contrast was no change in the year to June and an increase of 2.2% in the twelve months to July 2019.
    In Dublin, residential property prices saw a decline of 1.3% in the year to July – house prices decreased by 1.2% and apartments increased by 0.4%. The highest house price growth in Dublin was in Dun Laoghaire-Rathdown at 1.3%, while Dublin City saw a decline of 2.7%.
    Residential property prices in Ireland excluding Dublin were 0.2% higher in the year to July, with house and apartment prices up by 0.3%. The region outside of Dublin that saw the largest rise in house prices was the South-West at 4.3% – at the other end of the scale, the South-East saw a 1.6% decline.
    Overall, the national index is 17.7% lower than its highest level in 2007. Dublin residential property prices are 22.7% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 20.2% lower than their May 2007 peak.
    Property prices nationally have increased by 83.5% from their trough in early 2013. Dublin residential property prices have risen 91.4% from their February 2012 low, whilst residential property prices in the Rest of Ireland are 83.6% higher than at the trough, which was in May 2013. More

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    Prospective homebuyers still confident about buying despite Covid-19 impact

    71% of potential buyers are planning on purchasing a property in the next year
    40% expect property prices to fall by up to 10% in the next year
    76% believe the Government could do more to help the property sector
    73% feel safe viewing properties at present
    Prospective homebuyers are still confident about their ability to buy despite resilient house prices and the ongoing effect of Covid-19 to the economy, according to a new survey from MyHome.ie.
    The survey suggests that 71% of prospective buyers are still planning on buying a new property in the next year. This compares with 68% of prospective buyers who were surveyed last May.
    However, consumer opinion regarding house prices has changed since the summer. Now, just 13% of survey respondents believe property prices will fall by over 10% in the next year, whereas last May 37% of consumers predicted that outcome.
    Four in ten consumers now believe that prices will fall by up to 10% in the next year, while half of all respondents believe next year will represent a good time to buy property.
    The survey of 2,716 people also found that three-quarters (76%) of respondents believe the Government could do more to help the property sector.
    The virus is expected to have significant long-term effects, with 61% of respondents believing it will lead to more online processes in general to minimise unnecessary contact. Meanwhile, 23% believe it will lead to quicker sales processes in general.
    In a boost to the sector, 73% of respondents to the survey said they felt safe viewing properties at present.
    Angela Keegan, Managing Director of MyHome.ie, said that the findings reflected the ongoing demand that was evident in the market.
    “Even though consumers have not seen the price drops that many predicted when Covid-19 emerged, demand has stayed strong throughout Q2 and Q3. It appears that many prospective buyers have not been hit by the economic fallout from Covid-19. MyHome.ie had its busiest ever month for website traffic last July, and this is reflected in the fact that seven out of ten respondents are planning on purchasing a property in the next year.”
    However, Ms Keegan warned that it was crucial that construction activity be allowed to continue in the coming months.
    “Our analysis shows that stock levels are down by 22% year-on-year, which is concerning. A healthy, functioning property market needs a good balance of supply and demand, and as such we need to see construction continue unimpeded over the winter if at all possible.” More

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    Love That Home – houses for sale on MyHome.ie with their own tennis courts

    The final of the US Open tennis championship takes place this weekend and with Wimbledon having been cancelled this summer it’s the nearest we’re likely to get to a big tennis tournament.
    When the Grand Slam tournaments take place, interest tends to soar at tennis clubs around the country.
    For a few lucky homeowners they only have to venture out their back door to hit a few serves and volleys.
    Here’s some of the finest homes with tennis courts on the market right now on MyHome.ie…
    Radharc, Woodtown Way, Stocking Lane, Dublin 16

    Shanbally, Abbeyfeale, Co Limerick

    Ballinamona, Shanagarry, Midleton, Co Cork

    19 Grosvenor Road, Rathgar, Dublin 6

    Derrynane House, Rathcannon, Athlacca, Kilmallock, Co Limerick

    Summerhill, Marino Avenue West, Killiney, Co Dublin More

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    The last of the summer nights

    The weather might not have been great recently and the evenings might be closing in but ahead of the last weekend in August, we’re hoping we can get out our back garden this weekend to enjoy the last of the summer nights.
    Whether it’s to watch the kids play, enjoy a BBQ or take away or to sit back and relax with a friend, family member or book, there’s few things better than a chilled out evening watching the sun go down in your garden.
    Here’s some properties on the market right now that certainly fit that description…
    6 Garden Village Court, Kilpedder, Co Wicklow
    www.myhome.ie/4449526
    Convent Garden, Kinsale, Co Cork
    www.myhome.ie/3618143
    62 Bloomfield Park, Bloomfield Avenue, Donnybrook, Dublin 4
    www.myhome.ie/4449222
    Loughanunna, Dungarvan, Co Waterford
    www.myhome.ie/4445468
    Drummond, Inniskeen, Co Louth
    www.myhome.ie/4447640
    Chestnut Avenue, Foxburrow, Portlaoise, Co Laois
    www.myhome.ie/4351060
    18 The Streams, Caragh, Naas, Co Kildare
    www.myhome.ie/4450415 More

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    Housing market resilient in face of Covid-19

    Asking price inflation up 1.2% nationally in August compared with Q2 2019
    Dublin inflation up by 0.3%; rest of country up by 1.5%
    Strong quarterly inflation recorded
    Demand likely a combination of high interest from those with mortgage approval and shortage of stock
    Annual house price inflation has risen by over 1% despite the impact of Covid-19, according to analysis from leading property website MyHome.ie and Davy.
    Key findings:
    Region
    Mix-adjusted asking price
    Annual % change (Q2 2019 – > August 2020)
    Quarterly % change (Q2 2020 – > August 2020
    National
    €280,000
    +1.2%
    +4.3%
    Dublin
    €383,000
    +0.3%
    +2.9%
    Ex-Dublin
    €234,000
    +1.5%
    +4.7%
    Asking price inflation rose by 1.2% nationally compared with Q2 2019, by 0.3% in Dublin, and by 1.5% elsewhere around the country.
    The rise in quarterly asking price inflation has been even more pronounced – by 4.3% nationally, 2.9% in Dublin and 4.7% elsewhere around the country.
    This means the mix-adjusted asking price for new sales nationally is €280,000, while the price in Dublin is €383,000 and elsewhere around the country it is €234,000. Newly listed properties are seen as the most reliable indicator of future price movements.
    Conall MacCoille, Chief Economist at Davy, said: “The MyHome data shows pricing has held up during the summer months; the negative 3% inflation rate seen in Q2 2020 now seems an aberration, driven by the small numbers of vendors prepared to put their homes on the market during the exceptionally uncertain period of the lockdown. Looking ahead we think prices will be broadly flat in 2020, or see marginal declines, but the impact of Covid-19 on the housing market could have a longer, slow burn impact than many appreciate.”
    Angela Keegan, Managing Director of MyHome.ie, said the increase in asking prices was likely a combination of people who already have mortgage approval moving to secure properties, and a shortage of stock. “One of the many negative effects of Covid-19 has been the decrease in construction output, which has had significant ramifications for the property market. Anecdotally we are also seeing people who have mortgage approval acting fast to secure properties and this, added to the fact that stock levels are low, is driving asking prices upwards.” More

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    MyHome.ie Webinar – A chat with Ronan McKenna of Glenveagh Homes

    We’re delighted to bring you another MyHome.ie Webinar today.
    In this week’s episode, we chat to Glenveagh Homes sales director Ronan McKenna about the new homes market in Ireland,
    Ronan discusses Glenveagh’s series of new developments around the country, what impact Covid-19 has had on them and what is coming up in the weeks and months ahead.
    Check it out below…
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    For further details on Glenveagh Homes visit www.glenveagh.ie More