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Kerry house prices accelerate – IPAV’s residential property price barometer

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The Institute of Professional Auctioneers and Valuers (IPAV) latest Residential Property Price Barometer shows an acceleration in house price increases over the previous six months including in Kerry.

Overall IPAV’s study has found double digit growth for 3-bedroom homes in Waterford and Limerick. And close behind are Tipperary, Meath, Louth and Cavan with nine plus percent growth, followed in the eight plus percent range by County Dublin, Carlow, Dublin 15, Dublin 7 and Kildare.

In Kerry three-bedroom homes increased by 4.55pc; 4-bedrooms by 9.80pc and two-bedroom apartments by 3.70pc.

Some of the area specific increases are accounted for by new blended working opportunities where people don’t have to operate from formal office settings on a full-time basis, according to IPAV’s Chief Executive Pat Davitt.

“While that is an influential factor, the main driver of increasing prices is the lack of supply of homes to meet current and pent-up demand. And that is why predictions by economists and others of house price drops during the pandemic have not materialised, forecasts IPAV called into question at the time,” he said.

Mr Davitt said his organisation welcomes the Government’s new 'Housing for All' plan with a commitment to invest €4 billion per year to build 300,000 homes over the next nine years.

“While the nuts and bolts of how precisely the plan is going to achieve that target remains to be seen, it is in the interest of society as a whole that the plan works because continuing house price increases at the level we are currently seeing would not be sustainable over the longer term but will not abate either until more stock comes on stream to meet supply.

He said the extension of the Government’s Rebuilding Ireland Home Loan scheme from Local Authorities was welcome but it needs to be extended further to enable all purchasers to take advantage of the 4.5 times income under that scheme, not just first-time buyers.

The IPAV Residential Property Price Barometer charts house prices achieved by auctioneers, as opposed to asking prices. Mr Davitt said while that difference is always relevant it is particularly so now given the intensity of activity where, it would appear, asking and achieved prices are diverging, often to a considerable degree.

He thanked members of IPAV for their contribution to the study which he said provides “real market evidence as opposed to speculation on prices”.

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Family to run in memory of the late Linda Eviston

By Sean Moriarty The family of a much-loved Killarney woman who passed away from cancer almost a year ago plan to run a marathon past her favourite local landmarks in her memory. Linda Eviston died on October 10 last after a long battle with cancer. Her husband Patrick and son Erik, with the support of […]

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By Sean Moriarty

The family of a much-loved Killarney woman who passed away from cancer almost a year ago plan to run a marathon past her favourite local landmarks in her memory.

Linda Eviston died on October 10 last after a long battle with cancer.

Her husband Patrick and son Erik, with the support of her daughter Alannah, will run a 42.2km course, on the day before her anniversary to raise funds for the Irish Cancer Society.

The route will be based on landmarks that were an important part of Linda’s life. Starting from the family home in Dromkerry, before heading for the town centre and passing the Eviston House Hotel, Linda’s grandmother’s home at Park Road, Linda’s childhood home and national school in Glenflesk, Loreto where Linda attended secondary school, back to Killarney and finishing at Linda’s pride and joy – Brook Lodge Hotel.

“It is tough but we wanted to do something in Linda’s memory and help other people who might find themselves in similar circumstances,” Pat told the Killarney Advertiser. “We originally hoped to do the Dublin City Marathon but that got cancelled. This route is much better, but much tougher as it’s more hilly.”

All proceeds will be donated to the Irish Cancer Society and donations can be made via: www.justgiving.com/fundraising/inhonouroflinda.

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Women bravely bare all for Kerry’s first ‘Dip in the Nip’

By Michelle Crean  It really was girl power at its finest – as 170 women of all ages braved the elements on Sunday to bare all for charity at the weekend. Shore Acre in Camp was the location which was only revealed to the participants for Kerry’s first ever ‘Dip in the Nip’. And amongst […]

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By Michelle Crean
 

It really was girl power at its finest – as 170 women of all ages braved the elements on Sunday to bare all for charity at the weekend.

Shore Acre in Camp was the location which was only revealed to the participants for Kerry’s first ever ‘Dip in the Nip’. And amongst the all female grouping were some Killarney ladies who joined in the empowering adventure for what was described as “a special and unforgettable morning” all in aid of Recovery Haven Kerry.

According to Marisa Reidy from Recovery Haven, the women were of all ages and all walks of life who came together for so many personal reasons.

“Some were still on their own cancer journey, some were celebrating coming out the other side and of course, many were there to honour friends and loved ones who they had lost to cancer, but we were all equal on the day – flaws and all,” Marisa, who also took part in the event, told the Killarney Advertiser.

“It was a truly uplifting and exhilarating experience and we are so, so grateful to each and every lady who joined us for a morning we will never forget. One woman described it as ‘companionship among strangers’ and that really sums it up perfectly. It was emotional, there were some tears, but lots of laughter and we couldn’t have asked for anything more. When the ladies hit the water, they all formed a circle and held hands in a gesture that was totally unplanned – it just happened organically and it was quite overwhelming.”

She added that a very special mention has to be made to Michaela and John Edwards and their team from Wild Water Adventures for their support and expertise in ensuring no stone was left unturned in making it a fabulous, safe event.

“It was an all-female team from beginning to end, from our own volunteers, stewards, registration, Gardai, teas and coffees, lifeguards, sea rescue – girl power at its finest! Now all that’s left to do is start planning for 2022!”

Donations are still being taken via the link on the Recovery Haven Kerry Facebook page.

“So far we are close on €9,000 which is just fabulous.”

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