![]() Overall, values for residential property countrywide increased by 6.4 percent in 2013. ![]() House prices in Dublin rose by 15.7 percent last year, according to the latest figures from the country's Central Statistics Office, and some current values are appreciating faster than they did during the real estate driven Celtic Tiger boom period. In fact, property values in some parts of the country have been increasing at double-digit rates for the past two years. ![]() Meanwhile, Bank of America Merrill Lynch is predicting that the Irish economy will grow by 1.9 percent in 2014, which is the most optimistic growth prediction for any country in the Eurozone.Īfter a catastrophic collapse, Ireland is emerging as a leader in Europe's economy, and real estate values are moving up. In the same month, unemployment dropped to a three-and-a-half-year low of 12.4 percent, close to the EU average of 12.1 percent and down from a February 2012 peak of 15.1 percent. Ireland left the International Monetary Fund and European Union bailout program in December 2013, becoming the first of the European bailout nations to recover its financial independence. ![]()
0 Comments
Leave a Reply. |