Is supply coming on?


#1235

Dublin city centre has no new houses or flats for sale

Only 15 developments across Dublin have properties available for less than €300,000

irishtimes.com/news/environm … -1.2514525


#1236

This is just the weirdest line… it clearly states there are apartments to buy. Did they mean none to buy for less than €300k? Very unclear


#1237

Very bad headline writing, I think. The actual article says that there are virtually no new houses under the government’s 300k ‘starter home’ figure.

It also gives the Irish Times an excuse to continue going on, in awed wonder, about Percy Place.

This seems particularly dubious, in that there’s older property attainable on incomes lower than that in the city. It’s probably true that most city/near-city new builds would require incomes in this sort of range to buy, though (absent very good savings), because new builds in the city are concentrating on the high end currently.


#1238

Or to put it another way, new stuff is better than old stuff.

It’ll never catch on.
[/quote]


#1239

The use of the word “newly” is surely the crux of their written argument here?
N’est pas!

Like “newly” might only apply in their true interpretation of the word to apartments just finished tonight or some other appropriate time…


#1240

Latest Figures from the PPR (February 4th):

Comparing January, February and March 2015 (3432) to the same period in 2014 (2165) there is a 59% increase.
April to June is 3978 (compared to 2878) a 38% increase on last year .
July to September is 3769 (compared to 3801). A less than 1% decrease on last year.

October so far is 1259 (compared to 1807 (2014), 1042 (2013)). 44% down on last year - probably complete at this stage
November so far is 1167 (compared to 1149 (2014), 1035 (2013)). 1% up on last year. Probably complete at this stage
December so far is 1431 (compared to 2277 (2014), 1764 (2013)). 59% down on last year. There’s probably another couple of weeks of figures left but I don’t see this changing much - probably end up between 1500 and 1600.

October to December is currently 3857 compared to 5242 - so currently 36% down on last year

January so far is 430 (compared to 1254 (2015), 603 (2014)).

The total for the year so far is 15122 - 7.7% higher than last years figure of 14035.

Here are the current For Sale and Sale Agreed figures - although I don’t think they have a lot of meaning people seem to set some store by them:

Jan 22nd: MyHome - 3872 for sale 2058 sale agreed; Daft - 3225 for sale 2534 sale agreed
Feb 4th: MyHome - 3984 for sale 2011 sale agreed; Daft - 3420 for sale 2570 sale agreed

For comparison here are the figures for the nearest date last year (i.e. the equivalent Wednesday):
January 28: MyHome - 3768 for sale 1882 sale agreed; Daft - 3198 for sale 2650 sale agreed (one week later than this year)
February 11: MyHome - 3910 for sale 1806 sale agreed; Daft - 3330 for sale 2645 sale agreed (one week later than this year)

Again the current for sale figures are higher than last year.

December 2014 has the highest monthly sales (2228) for Dublin since the PPR started.
Number of Sales in Dublin for 2014 (14035) was 36% higher than the sales for 2013 (10322).


#1241

I don’t think it’s just that. If you look at new builds in the city center, it’s nearly all small, very high-end apartment developments currently. That hasn’t historically been the case.
[/quote]


#1242

Just throwing it out there but anyone else notice alot more houses on the recently added section on myhome of late?


#1243

No, unfortunately!


#1244

Yes, I get the impression that supply has increased. Lots of tasty looking houses in nice areas on for €800k+ over the past week or so.


#1245

I’m afraid I’m illiterate when it comes to doing that sort of stuff but I have had offers of help to sort that out so … watch this space.

On the Daft thing - I noticed this and remarked on it in early December. I use the figures from the Daft website on the day that the PPR results are published so maybe it’s just a function of my figures being a point in time - maybe they do some adjustment to try and smooth things out. I don’t think they’re doing anything dodgy.

Personally , driving around SCD and the South city I think there are as many houses on the market as there were last year - I don’t notice a dramatic difference. On my route to work I do notice that the ‘Sale Agreeds’ seem to be very sticky at the moment but that may just be a post-christmas thing.


#1246

metalmike, sent you a PM.


#1247

Latest Figures from the PPR (February 4th):

Comparing January, February and March 2015 (3432) to the same period in 2014 (2165) there is a 59% increase.
April to June is 3978 (compared to 2878) a 38% increase on last year .
July to September is 3769 (compared to 3801). A less than 1% decrease on last year.

October so far is 1261 (compared to 1807 (2014), 1042 (2013)). 43% down on last year - probably complete at this stage
November so far is 1168 (compared to 1149 (2014), 1035 (2013)). 2% up on last year. Probably complete at this stage
December so far is 1505 (compared to 2277 (2014), 1764 (2013)). 51% down on last year. probably complete at this stage.

October to December is currently 3934 compared to 5242 - so currently 33% down on last year.

January so far is 651 (compared to 1254 (2015), 603 (2014)).
February so far is 207 (compared to 1133 (2015), 740 (2014)).

The total for the year so far is 15205 - 8.3% higher than last years figure of 14035. These are probably pretty close to final figures for the year.

Here are the current For Sale and Sale Agreed figures - although I don’t think they have a lot of meaning people seem to set some store by them:

Feb 4th: MyHome - 3984 for sale 2011 sale agreed; Daft - 3420 for sale 2570 sale agreed
Feb 17th: MyHome - 4062 for sale 1945 sale agreed; Daft - 3505 for sale 2534 sale agreed

For comparison here are the figures for the nearest date last year (i.e. the equivalent Wednesday):
February 11: MyHome - 3910 for sale 1806 sale agreed; Daft - 3330 for sale 2645 sale agreed (one week later than this year)
February 25: MyHome - 4065 for sale 1830 sale agreed; Daft - 3478 for sale 2668 sale agreed

Current for sale figures are lower (MyHome) and higher (Daft) than last year!

December 2014 has the highest monthly sales (2228) for Dublin since the PPR started.
Number of Sales in Dublin for 2014 (14035) was 36% higher than the sales for 2013 (10322).


#1248

Latest Figures from the PPR (March 3rd):

Comparing January to March 2015 (3432) to the same period in 2014 (2165) there is a 59% increase.
April to June 2015 is 3978 (compared to 2878) a 38% increase on 2014.
July to September 2015 is 3769 (compared to 3801). A less than 1% decrease on 2014.
October to December 2015 is 3961 compared to 5242 - so 32% down on 2014.

January so far is 746 (compared to 1254 (2015), 603 (2014)). January is probably pretty close to complete at this stage and is 68% down on last year
February so far is 758 (compared to 1133 (2015), 740 (2014)).

The total for the year so far is 15239 - 8.6% higher than last years figure of 14035. These are probably pretty close to final figures for the year.

Here are the current For Sale and Sale Agreed figures - although I don’t think they have a lot of meaning people seem to set some store by them:

Feb 17th: MyHome - 4062 for sale 1945 sale agreed; Daft - 3505 for sale 2534 sale agreed
March 3rd: MyHome - 4139 for sale 1887 sale agreed; Daft - 3552 for sale 2667 sale agreed

For comparison here are the figures for the nearest date last year (i.e. the equivalent Wednesday):
February 25: MyHome - 4065 for sale 1830 sale agreed; Daft - 3478 for sale 2668 sale agreed
March 11: MyHome - 4346 for sale 1816 sale agreed; Daft - 3722 for sale 2618 sale agreed

Now both for sale figures are lower than last year! Sale agreeds are pretty similar to last year but I’m not sure how reliable these figures are since they are totally at the discretion of the EAs and there isn’t the same motivation to keep them up to date as there is for the For Sale figures.

December 2014 has the highest monthly sales (2228) for Dublin since the PPR started.
Number of Sales in Dublin for 2014 (14035) was 36% higher than the sales for 2013 (10322).


#1249

Metalmike does this monthly dump of text really mean anything to anyone.

Any chance you could just put it in graph format as really it provides nothing.

Sorry but I doubt I’m the only one thinking it…

Peace :wink:


#1250

I find it very useful.

Thanks Metalmike


#1251

As do I. The work is much appreciated.


#1252

I discussed producing metalmike’s figures in chart form (may have slipped his mind). Anyway, this is all available on the PPR Volumes chart on the Pretty Charts thread, which I will keep updated on a regular basis. I took the specification directly from metalmike’s figures. I haven’t got myhome sale agreed figures yet, but may take a look at it. For the PPR figures, I’ve marked the various stats in metalmikes comments like this: https://latex.codecogs.com/gif.latex?\rightarrow\mathbb{A%2CB%2CC...} corresponding to the tool tips on the following charts which I’ve marked likewise. The live version of the chart is here (don’t forget to select “Dublin” if you want the equivalent of metalmike’s figures. You can also get monthly or quarterly, and whole country and ex-Dublin, plus all historical data in bar chart and table form).


#1253

D3.js


#1254

Oh god. Why not just rub broken glass all over your face?