{"id":6794,"date":"2024-07-08T11:34:50","date_gmt":"2024-07-08T10:34:50","guid":{"rendered":"https:\/\/www.socialdemocrats.ie\/?p=6794"},"modified":"2024-07-08T11:34:50","modified_gmt":"2024-07-08T10:34:50","slug":"house-prices-rising-at-fastest-pace-for-nearly-two-years","status":"publish","type":"post","link":"https:\/\/www.socialdemocrats.ie\/ga\/house-prices-rising-at-fastest-pace-for-nearly-two-years\/","title":{"rendered":"House prices rising at fastest pace for nearly two years"},"content":{"rendered":"<p>The latest report from\u00a0<a href=\"http:\/\/myhome.ie\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/myhome.ie&amp;source=gmail&amp;ust=1720521060084000&amp;usg=AOvVaw24JlooTUdR6bVgKeFvfLwH\">myhome.ie<\/a>\u00a0is further proof that the Government is unable or unwilling to bring down the cost of\u00a0buying\u00a0a\u00a0home, according to Social Democrats TD Cian O\u2019Callaghan.<\/p>\n<p>Deputy O\u2019Callaghan, who is the party\u2019s housing spokesperson, said:<\/p>\n<p>\u201cThe findings of the Q2 2024 MyHome.ie Property Price Report will come as little surprise to first-time buyers.<\/p>\n<p>\u201cThe median asking price for a home is now \u20ac365,000, representing a 7.3 per cent increase on the same period last year. This rises to a staggering \u20ac465,000 in Dublin.<\/p>\n<p>\u201cThe report also found that the number of new homes coming on the market, the number of homes sold, and the overall number of homes listed on the website were all down significantly on the previous year.<\/p>\n<p>\u201cAll this paints a worrying picture for people looking to get a place of their own who are watching the dream of homeownership get further away every day.<\/p>\n<p>\u201cHouse prices have continuously skyrocketed under this Government.<\/p>\n<p>\u201cWhen the Social Democrats propose solutions to address this, such as an affordable housing zoning, the Government doesn\u2019t hesitate to vote them down.<\/p>\n<p>\u201cThe Housing Commission also identified a number of key recommendations to tackle the housing crisis. The Government set up the commission themselves for this very purpose. It is unacceptable that they now ignore the findings of the report.<\/p>\n<p>\u201cWhile it may suit developers, speculators and vulture funds to have house prices rise indefinitely, it certainly does not help first-time buyers.<\/p>\n<p>\u201cAs the Government approach the end of their term, it\u2019s becoming increasingly clear that they are either unable or unwilling to bring down the cost of\u00a0buying\u00a0a\u00a0home.\u201d<\/p>\n<p><em>July 8, 2024<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The latest report from\u00a0myhome.ie\u00a0is further proof that the Government is unable or unwilling to bring down the cost of\u00a0buying\u00a0a\u00a0home, according to Social Democrats TD Cian O\u2019Callaghan. Deputy O\u2019Callaghan, who is the party\u2019s housing spokesperson, said: \u201cThe findings of the Q2 2024 MyHome.ie Property Price Report will come as little surprise to first-time buyers. \u201cThe median [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2065,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[278,10,7],"tags":[],"class_list":["post-6794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cian-ocallaghan","category-housing-crisis","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>House prices rising at fastest pace for nearly two years - Social Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.socialdemocrats.ie\/house-prices-rising-at-fastest-pace-for-nearly-two-years\/\" \/>\n<meta property=\"og:locale\" content=\"ga_IE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House prices rising at fastest pace for nearly two years - Social Democrats\" \/>\n<meta property=\"og:description\" content=\"The latest report from\u00a0myhome.ie\u00a0is further proof that the Government is unable or unwilling to bring down the cost of\u00a0buying\u00a0a\u00a0home, according to Social Democrats TD Cian O\u2019Callaghan. 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