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Conveyancing delays leading to failed property sales – IPAV

Growing and serious delays in the conveyancing process are leading to property sales falling through, estate agents are reporting. A survey conducted by the Institute of Professional Auctioneers and Valuers (IPAV) has found that four out of every five agents say they have seen sales fail because of the problem. 26% said it occurred frequently,…

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The Cornerstone of Success: Embracing Consistency in Your Business Strategy

In the fast-paced and ever-evolving world of business, KAAS understand that there’s a steadfast principle that stands the test of time – consistency. While innovation and adaptability are essential, the importance of consistency cannot be understated. In this article, KAAS delves into why consistency is a cornerstone of success for business owners and how it…

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Gas demand down by 20% in July – Gas Networks Ireland

New figures today show that gas demand decreased by 20% in July compared to the same month last year, and by 8% when compared to June. Gas Networks Ireland said that gas demand fell by 46% in the construction sector, by 32% in the large office sector and by 31% in the education sector. Gas…

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Decline in construction activity in July – BNP Paribas Real Estate

After having returned to growth in June, construction activity in Ireland saw a renewed decline in July, after the BNP Paribas Real Estate Purchasing Managers’ Index. It also highlighted the first fall-off in new orders in six months. John McCartney, Director & Head of Research at BNP Paribas Real Estate Ireland, said the decline in…

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Government body faced difficulty in arranging power supplies for state agencies due to market volatility

The Government body responsible for arranging power supply for state agencies could not even get companies to bid to provide electricity because of “extreme volatility” in energy prices last year. The Office of Government Procurement (OGP) tried to run a second tender competition, even making changes to the contract to encourage a “more positive market…

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Average interest rate on new mortgages here now above 4%

The average interest rate on new mortgage arrangements in Ireland has breached the 4% mark. Figures from the Central Bank show that the average interest rate on new mortgages rose from 3.84% in May to 4.04% in June. The increase of 0.2 percentage points was the second biggest jump in average rates in the euro…

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Advertised rents rise another 2.4% in second quarter – Daft.ie

Advertised rents across the country increased by 2.4% between April and June, when compared to the first three months of the year. According to property listings website Daft.ie, the average market rent nationally in the second quarter stood at just under €1,800. It means rents sought in the open market are now 10.7% higher than…

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Navigating Sustainable Growth: A Financial Approach for Business Owners

KAAS know that as a business owner, the journey towards growth is often exhilarating, but it can also be a tricky path to navigate. Amidst the excitement of expanding your enterprise, it’s crucial to adopt a strategic approach that ensures sustainable growth. One such approach involves prioritising profit while scaling your business. In this article…

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Ireland had highest consumer prices in EU in 2021

Ireland had the highest price levels for consumer goods and services across the 27 countries of the European Union in 2021, a report from the Central Statistics Office has found. Prices were 43.8% above the average of the 27 countries, known as the EU27, it concluded. The latest Measuring Ireland’s Progress report covers the year…

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