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Property prices expected to rise by 2 percent this year

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By Ted Healy of DNG TED HEALY

It's that time of year again where property reports on the year past are plentiful, with financial institutions, agencies and construction firms all analysing the past 12 month's activity and making predictions for the year ahead.

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The latest report, from the Society of Chartered Surveyors (SCSI) has highlighted that in the final quarter of 2022, 40% of house sales were due to landlords exiting the market.

It suggests property prices are expected to rise by 2 percent this year, a considerable slowdown on the double-digit growth rates up to now which is likely to put a squeeze on house builders because construction costs are rising at more than 2 percent. This will directly impact on supply to the market.

The large numbers of buy-to-let properties being sold will not be replaced in the rental market, putting more pressure on rental costs.

The survey found that popular new three-bed semis remain out of the reach for a large number of first-time buyers on average salaries.

The trend of second-hand buy-to-let properties coming on the market was evident throughout 2022, but it ramped up in the last quarter of the year. While this may have helped to increase the number of properties available for sale – 66% of agents reported low stock levels this year – the lack of supply remains the dominant issue in the market.

The trend of private landlords exiting the market also has serious implications for the supply of rental properties. SCSI agents are reporting that the supply of available units to rent is at one of the lowest levels ever, and they do not believe the situation will improve in the short term.

“Almost 80% of agents surveyed are of the view that individual buy-to-let second-hand rental units being sold at present will not be replaced in the rental market in the next two years,” said John O’Sullivan of SCSI.

The survey found the three primary reasons for occupied residential units coming back on to the market for sale include the complex and restrictive nature of rent regulations, landlords finding compliance with rented housing standards too onerous, and net rental returns too low, according to the report.

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Gleneagle Concert Band opens recruitment drive for new members

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The Gleneagle Concert Band is inviting new members of all ages to join the ensemble as it prepares for its new season starting this September.



Open to children, young people, and adults from Killarney and surrounding areas, the band offers specialist instrumental tuition starting from age nine. Beginners can take lessons in clarinet, flute, saxophone, trumpet, trombone, French horn, euphonium, tuba, percussion, and drums before progressing into the main band.

No previous experience is required for adults or children. The band also welcomes adults who already play an instrument or wish to return to music after a break.

“What makes Gleneagle special is that our musicians don’t just rehearse in a room and play the occasional concert,” said Music Development Officer Vincent Condon. “They perform at major events, festivals and community occasions, take part in film productions, travel internationally and, importantly, have fun together as a band. The band is open to everyone. We welcome young people who want to learn an instrument, as well as adults who have previous musical experience and would like to return to playing.”

For information on registration and lessons, contact 087 222 9513 or visit the band’s social media pages.

Busy summer of events


The Gleneagle Concert Band has concluded a busy 12 months featuring public performances, festival appearances, and charity work.

Highlights included the annual summer street concerts in Killarney town, along with performances at Puck Fair, the Rose of Tralee, and the Summer in Killarney Festival. Band members were also involved in the filming of Jimmy, an upcoming Hollywood biographical drama based on actor Jimmy Stewart.

Community fundraising remained a focus over the past year, with the band supporting local causes including the Kerry Stars Special Olympics Sports Club and Recovery Haven Kerry Cancer Support House alongside a sold-out Annual Concert.

Following a tour to Seville in 2025, the band has confirmed its next overseas trip to Bilbao and San Sebastián in northern Spain, scheduled for August 2027.

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New seating unveiled as Spa GAA celebrates

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It has been a busy period at Spa GAA as the club continues to develop its ground facilities while also marking a major milestone in its sporting history.

The club recently completed further ground improvements with the installation of new seating on the clubhouse side of the pitch.

Located over the terrace area directly on the halfway line, the new seating offers an upgraded viewing area for spectators.

Club volunteer John Hannon of JH Fitout Ltd, who also coaches the Under 10 boys team, assisted with the installation work.


Alongside the developments on the pitch, over 100 people gathered for the club’s annual mass, which was celebrated by Club President Fr Tim O’Sullivan and Club Vice President Fr Michael O’Donoghue.


Following the service, Spa GAA held a special presentation to honour the 60th anniversary of the 1966 O’Donoghue Cup winning team.

All surviving members of the historic side attended the gathering, alongside family representatives of deceased players and team mentors.

The evening provided a chance for the club community to come together, reflect on past successes, and share memories of one of the most famous teams in Spa GAA history.

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