The News

Euro zone business activity contracts unexpectedly in September

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Euro zone business activity contracted sharply and unexpectedly this month as the bloc’s dominant services industry flatlined while a downturn in manufacturing accelerated, a survey showed today. The downturn appeared broadbased with Germany, Europe’s largest economy, seeing its decline deepen while France – the currency union’s second biggest – returned to contraction following August’s Olympics […]

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CIF says 60,000 houses a year needed to meet demand

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The Construction Industry Federation is holding its annual conference in Croke Park in Dublin today, which will focus on addressing population growth. The CIF is calling for a greater allocation of ring-fenced capital as well as maintenance investment in Ireland’s water, wastewater and electricity infrastructure in Budget 2025. It says at least 60,000 houses a […]

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Over 400,000 homes to receive fuel allowance payments

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The first payments of the Government’s fuel allowance will be made this week. The means-tested payment will be paid for 28 weeks to over 400,000 households across the State. The allowance was introduced in the late 1980s as a way to help pensioners and long-term social welfare recipients with the costs of heating their homes […]

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Homes being sold for 10% more than asking prices

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Bank of Ireland said new analysis shows that competition for homes intensified during the summer with almost 40% of transactions now being settled at a minimum 10% premium over the original asking price. The bank noted that the average mortgage approval for house purchase was €318,300 in July, up 6.2%. Bank of Ireland said this […]

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