News

A total of 30,330 homes were built in 2024, a decrease of 6.7% on 2023, according to figures from the Central Statistics Office. The latest figures from the CSO show the number of apartments completed in 2024 was 8,763 – a drop of 24% on the previous year. The number of single dwellings built was […]

The Irish property investment market is set to record over €3bn of transactions in 2025, according to commercial property specialists CBRE. Its latest report ‘Outlook 2025’ makes a number of predictions for each sector of the Irish property market in the year ahead. Last year, the market recorded over €2.4 billion of transactions, and CBRE […]

The UK Business Secretary has left the door open to joining a tariff-free trading scheme with Europe following a meeting with the EU trade commissioner in Davos. Jonathan Reynolds’ meeting with Maros Sefcovic came after the trade commissioner suggested Britain could join the Pan-Euro-Mediterranean Convention (PEM), which allows for tariff-free trade of goods across Europe, […]

New figures from the Central Statistics Office show that wholesale electricity prices fell by 6.2% in the month to December but were 53.9% higher compared to December 2023. The CSO said that wholesale electricity prices remain 64.7% lower than the peak that occurred in August 2022. The annual average price of wholesale electricity in 2024 […]

Property prices rose by 9.4% in the 12-month period to last November, according to the latest figures from the Central Statistics Office. The figures indicate a slight moderation in the pace of acceleration, but prices are still increasing and are 16% above their peak during reached during property boom in 2007. The rate of increase […]

Employers group Ibec has forecast that the economy will continue to expand in 2025 with employment growing by 2.4%. It said domestic demand would grow by 3% this year and by 2% in 2026. The organisation projected that consumer spending will grow by 3.1% while investment will expand by 4.2% this year. Ibec’s forecast comes […]

New figures from the Central Statistics Office show that the number of domestic Building Energy Rating (BER) audits in 2024 came to 153,558, an increase of 7% over the total for 2023. The CSO noted that this was the highest number of BERs issued for any year since 2009. Today’s figures show that the number […]

New figures from the Central Statistics Office show that the number of domestic Building Energy Rating (BER) audits in 2024 came to 153,558, an increase of 7% over the total for 2023. The CSO noted that this was the highest number of BERs issued for any year since 2009. Today’s figures show that the number […]

European Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade tariffs some had feared and a rate cut next week now seems like a done deal. US President Donald Trump held back from imposing trade barriers on his first day in office yesterday […]

European Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade tariffs some had feared and a rate cut next week now seems like a done deal. US President Donald Trump held back from imposing trade barriers on his first day in office yesterday […]