Irish Economy
Residential property prices on course to grow by 7.5% in 2025
Ireland’s residential property prices grew 7.6% in September, and strong momentum is evident across house/apartment and different geographical areas. With three quarters of this year...
Robust Irish payrolls growth in Q3 despite higher jobless rate
A busy week ahead will include belated US payrolls data for September, UK consumer prices and retail sales for October, and Ireland’s residential property prices, goods exports and...
Examining Ireland’s new €36bn housing plan
Overall, the Government’s long-awaited housing plan includes many laudable aspects and some novel approaches to increasing housing delivery. However, while delivery of 300k new homes by...
A pivotal week ahead for Ireland's housing prospects
Weekend media reports point to a Thursday (November 13th) release for the Government's National Housing Plan. Having received a major allocation of €36bn in July's National Development...
Pent-up housing demand is far higher than official estimates
The Department of Finance’s new long-term analysis provides a useful insight about the Irish economy over the coming 40 years. Most exercises, assuming no policy changes, are liable to...
Upside risk to UK wage growth forecasts for Q4
The Bank of England’s (BoE) November meeting takes place this week. While no change to Bank Rate is expected, a cut at next month’s meeting is possible despite some upside risk to...
Federal Reserve casts doubt on a December rate cut
The Federal Reserve yesterday (October 29th) eased the Federal Funds Rate by 25bp, as expected. However, more hawkish commentary from Chair Jay Powell resulted in some mild upward...
A surprising slowdown for US inflation in tariff-affected items
US consumer prices grew by less than expected in September, the much-anticipated data showed this afternoon. A widespread expectation was already for a cut to the Federal Funds...
Housing completions increase but still underwhelm in Q3
New dwelling completions increased modestly in Q3, owing to an underwhelming result for scheme houses. By contrast, single (one-off) houses grew strongly while apartments were close to...
Residential property prices to continue rising faster than 7%
The main Irish data releases this week include August residential property prices and monthly payrolls. We expect continued growth above 2% for payrolls and that residential property...
