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'Outlook bleak' as house price rises show no sign of slowing
'Outlook bleak' as house price rises show no sign of slowing

BreakingNews.ie

time16-07-2025

  • Business
  • BreakingNews.ie

'Outlook bleak' as house price rises show no sign of slowing

The "outlook is bleak" for home buyers as the latest official data showed residential property prices rose at an annual rate of 7.9 per cent in May, up from 7.6 per cent the previous month. The comment from Brokers Ireland came as the Central Statistics Office confirmed that home prices in Dublin rose by 6.9 per cent in May, while those outside the capital jumped 8.7 per cent. Advertisement The median, or midpoint, price of a dwelling purchased in the 12 months to May 2025 was €370,000. The highest median price was €670,000 in Dún Laoghaire-Rathdown, while the lowest median price was €186,000 in Leitrim. The most expensive Eircode area over the period was A94 (Blackrock, Dublin) with a median price of €770,000, while F45 (Castlerea, Roscommon) had the least expensive price of €150,000, the CSO said. Rachel McGovern, deputy chief executive at Brokers Ireland, said the latest figures are bleak for prospective buyers, given the shortage of supply. Ireland Government's housing policies have left it 'tied i... Read More "The latest ESRI data forecasting just 33,000 [new housing] units for 2025 and 37,000 in 2026, well below Government targets, is very worrying. Advertisement "It's hard to envisage how any new housing plan by Government can turn this around in the short-term," she said, adding that it will take "dramatic and unprecedented" measures. Trevor Grant, chairman of the Association of Irish Mortgage Advisors, said prices continue to rise faster than incomes, pushing homeownership further out of reach for many. "With supply still falling well short of demand, this imbalance is not likely to correct itself anytime soon," he said.

Irish home prices accelerate to 7.9% in May, led by inflation outside Dublin
Irish home prices accelerate to 7.9% in May, led by inflation outside Dublin

Irish Times

time16-07-2025

  • Business
  • Irish Times

Irish home prices accelerate to 7.9% in May, led by inflation outside Dublin

Irish home prices rose at an annual rate of 7.9 per cent in May, led by properties outside of Dublin and fuelled by ongoing supply shortages and as the European Central Bank (ECB) continued to cut official borrowing costs. The increase marked an uptick from a rate of 7.6 per cent recorded in April, the Central Statistics Office (CSO) said on Wednesday. Property prices in Dublin rose by 6.9 per cent, while those outside the capital jumped 8.7 per cent. The median, or midpoint, price of a dwelling purchased in the 12 months to May 2025 was €370,000. The highest median price was €670,000 in Dún Laoghaire-Rathdown, while the lowest median price was €186,000 in Leitrim. The most expensive Eircode area over the period was A94 (Blackrock, Dublin) with a median price of €770,000, while F45 (Castlerea, Roscommon) had the least expensive price of €150,000, the CSO said. READ MORE The Government, formed in January with a strong mandate to tackle the State's housing crisis, is widely expected to fall well short of its target for 41,000 homes to be completed this year as it eyes 300,000 new homes by 2030. The Central Bank said last week that its was 'surprised' by the lack of progress and that it now estimates that only 32,500 units to be delivered in 2025. Some 30,330 homes were built in 2024. The European Central Bank (ECB) cut its rates for the eighth time in a year last month, leaving its key deposit rate at 2 per cent, half of where it stood in early June 2024 amid a battle against inflation. Most economists expect the ECB to reduce borrowing costs again later this year, even if US Donald Trump's rapidly-evolving tariff policies are complicating decision-making across monetary authorities globally.

Donegal hold off Leitrim to save their senior status in relegation play-off
Donegal hold off Leitrim to save their senior status in relegation play-off

The 42

time12-07-2025

  • Sport
  • The 42

Donegal hold off Leitrim to save their senior status in relegation play-off

Donegal 2-15 Leitrim 1-12 EVA GALLAGHER WAS in flying form for Donegal at Kilcoyne Park in Tubbercurry on Saturday as the O'Donnell County secured their TG4 All-Ireland senior football championship status with a relegation play-off victory over Leitrim. While Gallagher broke the deadlock with a fine point inside the opening 60 seconds, Leitrim squeezed in front courtesy of unanswered efforts by Muireann Devaney (a late addition to the starting line-up) and Ailbhe Clancy. Yet Kilcar attacker Gallagher soon followed with her second point of the game, and when Katie Dowds fed Susanne White close to goal on nine minutes, the latter fired smoothly into the bottom left-hand corner of the net. Following traded scores between the influential Gallagher and Leah Fox, Donegal stretched six clear when Gallagher, Dowds and Mia Bennett split the uprights in quick succession. However, after Laura O'Dowd (older sister of Dublin midfielder Eilish O'Dowd) cut Leitrim's deficit in half with a 19th-minute goal, Fox's second of the day left just two points between the teams. Gallagher (her fifth of the half) and Clancy raised further white flags for their side as the action progressed, before Jodie McFadden fired home a second Donegal major on 24 minutes. This propelled James Daly's Ulster side towards a 2-7 to 1-5 interval buffer and with Niamh Boyle, White and Bennett all on target, they enjoyed a whirlwind start to the second half. Advertisement Donegal remained in the driving seat after Gallagher and the ever-dangerous Devaney bagged two points apiece at either end of the pitch, but 2024 TG4 All-Ireland intermediate football championship winners Leitrim weren't prepared to go down without a fight. In the space of eight minutes inside the final-quarter, Jonny Garrity's side outscored their O'Donnell counterparts by 0-5 to 0-1 – the impressive Devaney bagging four points to compliment a single contribution from Fox. They subsequently received a potential lifeline when Devaney was fouled inside the small square on 58 minutes, but her resulting penalty was saved low by Donegal netminder Clare Friel. This could have been the spark they needed to turn the tide in their favour, but with Gallagher and White knocking over late points for their opponents, Leitrim ultimately couldn't avoid a return to the intermediate championship for 2026. Scorers for Donegal: E Gallagher 0-9, S White 1-2, J McFadden 1-0, M Bennett 0-2, K Dowds, N Boyle 0-1 each. Scorers for Leitrim: M Devaney 0-7 (6f), L O'Dowd 1-0, L Fox 0-3, A Clancy 0-2 (1f). DONEGAL: C Friel; S McFadden, A Temple Asokuh, S McFeeley; B McLaughlin, E McGinley, C Gillespie; R Rodgers, M Bennett; S White, K Dowds, F McManamon; E Gallagher, J McFadden, N Boyle. Subs: R McColgan for Rodgers (36), A Caulfield for Gillespie (40), E Boyle for McFadden (45), A McGranaghan for Bennett (52). LEITRIM: M Guckian; J Maye, C Tyrrell, E Quigley; D Beirne, C Owens, R McIntyre; N Tighe, A Quinn; A Gilmartin, V Egan, A Clancy; L Fox, M Devaney, L O'Dowd. Subs: S Quinn for Egan (40), C Dolan for A Quinn (46), L McKeon for Quigley (52), E Shanley for Beirne (54). Referee: Philip Conway (Armagh).

Eva Gallagher on song as Donegal secure their senior status
Eva Gallagher on song as Donegal secure their senior status

RTÉ News​

time12-07-2025

  • Sport
  • RTÉ News​

Eva Gallagher on song as Donegal secure their senior status

Eva Gallagher was in flying form for Donegal at Kilcoyne Park in Tubbercurry on Saturday as the O'Donnell County secured their TG4 All-Ireland senior football championship status with a relegation play-off victory over Leitrim. While Gallagher broke the deadlock with a fine point inside the opening 60 seconds, Leitrim squeezed in front courtesy of unanswered efforts by Muireann Devaney (a late addition to the starting line-up) and Ailbhe Clancy. Yet Kilcar attacker Gallagher soon followed with her second point of the game and when Katie Dowds fed Susanne White close to goal on nine minutes, the latter fired smoothly into the bottom left-hand corner of the net. Following traded scores between the influential Gallagher and Leah Fox, Donegal stretched six clear when Gallagher, Dowds and Mia Bennett split the uprights in quick succession. However, after Laura O'Dowd (older sister of Dublin midfielder Eilish O'Dowd) cut Leitrim's deficit in half with a 19th minute goal, Fox's second of the day left just two points between the teams. Gallagher (her fifth of the half) and Clancy raised further white flags for their side as the action progressed, before Jodie McFadden fired home a second Donegal major on 24 minutes. This propelled James Daly's Ulster side towards a 2-7 to 1-5 interval buffer and with Niamh Boyle, White and Bennett all on target, they enjoyed a whirlwind start to the second half. Donegal remained in the driving seat after Gallagher and the ever-dangerous Devaney bagged two points apiece at either end of the pitch, but 2024 TG4 All-Ireland intermediate football championship winners Leitrim weren't prepared to go down without a fight. In the space of eight minutes inside the final-quarter, Jonny Garrity's side outscored their O'Donnell counterparts by 0-5 to 0-1 – the impressive Devaney bagging four points to compliment a single contribution from Fox. They subsequently received a potential lifeline when Devaney was fouled inside the small square on 58 minutes, but her resulting penalty was saved low by Donegal netminder Clare Friel. This could have been the spark they needed to turn the tide in their favour, but with Gallagher and White knocking over late points for their opponents, Leitrim ultimately couldn't avoid a return to the intermediate championship for 2026. Scorers - Donegal: E Gallagher 0-09, S White 1-02, J McFadden 1-00, M Bennett 0-02, K Dowds, N Boyle 0-01 each. Leitrim: M Devaney 0-07 (6f), L O'Dowd 1-00, L Fox 0-03, A Clancy 0-02 (1f). Donegal: C Friel; S McFadden, A Temple Asokuh, S McFeeley; B McLaughlin, E McGinley, C Gillespie; R Rodgers, M Bennett; S White, K Dowds, F McManamon; E Gallagher, J McFadden, N Boyle. Subs: R McColgan for Rodgers (36), A Caulfield for Gillespie (40), E Boyle for McFadden (45), A McGranaghan for Bennett (52). Leitrim: M Guckian; J Maye, C Tyrrell, E Quigley; D Beirne, C Owens, R McIntyre; N Tighe, A Quinn; A Gilmartin, V Egan, A Clancy; L Fox, M Devaney, L O'Dowd.

Donegal win relegation play-off to stay in All-Ireland SFC
Donegal win relegation play-off to stay in All-Ireland SFC

Yahoo

time12-07-2025

  • Sport
  • Yahoo

Donegal win relegation play-off to stay in All-Ireland SFC

Donegal preserved their All-Ireland SFC status for 2026 with a 2-15 to 1-12 victory against Leitrim in their relegation play-off at Kilcoyne Park. Two first half goals from Suzanne White and Jodie McFadden proved crucial in helping James Daly's side to stay in the competition they have played in since 2011. Advertisement They led 2-7 to 1-5 at half-time after an end-to-end first half in the sun in Tubbercurry. Clare Friel then saved a late penalty in the second half as her side held on for the victory against last year's All-Ireland IFC champions. The two sides traded scores early on before White fired home a goal for Donegal on nine minutes. James Daly's side pulled further ahead but Leitrim responded with a goal from Laura O'Dowd. After Leitrim got back to within two points, McFadden smashed home Donegal's second goal as they led by five at the break. Donegal registered the first three scores of the second half, but Leitrim then managed four unanswered points to stay in the contest. Friel's penalty save on 58 minutes proved crucial as Donegal saw out the win which relegated Leitrim to the All-Ireland Intermediate series for 2026.

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