Annual house price growth slows slightly to 7.5%
The headline rate of house price inflation was essentially unchanged from March's 7.6 per cent and down from 8 per cent in February, the CSO said on Thursday.
Advertisement
The annual rate of price growth in Dublin, where supply shortages are most acute, accelerated slightly from 6 per cent in March to 6.2 per cent in April.
Outside Dublin, house prices were up 8.6 per cent in the 12 months to the end of April, the CSO said, essentially unchanged from March.
The median or midpoint price of a home purchased over the period was €365,000, down slightly from €362,500 in the 12 months to March.
Dún Laoghaire-Rathdown remained the most expensive local authority area in the Republic, with the median price of a home sold standing at €670,000.
The A94 Eircode in Blackrock, Co Dublin, was the most expensive postcode with a median price of €750,000.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
2 hours ago
- Reuters
RRA Capital Closes Record $224.3 Million Fundraise
PHOENIX, AZ, July 30, 2025 (EZ Newswire) -- RRA Capital, opens new tab, a Pheonix-based private real estate debt investment manager, today announced the final close of RRA Real Estate Debt Fund III at $224.3 million — the largest fundraise in the firm's history. With the close complete, Fund III is approaching the midpoint of its five-year term, with approximately one year of investment activity remaining before entering the two-year harvesting phase. The fund continues RRA's strategy of originating short-term bridge loans for value-add and transitional commercial real estate assets across the U.S. 'This is an exciting milestone for our team and our investors,' said Marc Grayson, opens new tab, co-founder and president of RRA Capital. 'The success of Fund III reflects growing demand for flexible capital solutions in today's market and reinforces our position as a leading participant for middle-market bridge financing.' Fund III attracted commitments from a diverse group of institutional investors — including pension funds, insurance companies, and university endowments — and is expected to deploy over $800 million of capital over the course of its five-year term. 'The closing of Fund III demonstrates optimism that values have bottomed out,' said Boots Dunlap, opens new tab, CEO and co-founder of RRA Capital. 'It is expected to provide liquidity options for borrowers unable to qualify for DSCR-based refinances in today's higher-rate environment, as well as flexible acquisition financing for buyers targeting distressed sellers.' RRA Capital has originated over $2 billion in commercial real estate loans, opens new tab since inception, with a focus on multifamily, industrial, retail, hospitality, healthcare, and select office assets. The firm is headquartered in Phoenix and lends nationwide. About RRA Capital RRA Capital is a leading commercial real estate debt fund manager specializing in structured bridge financing for transitional properties nationwide. Since its founding in 2008, RRA has originated over $2 billion in loans, providing flexible capital solutions to value-add and opportunistic real estate investors. The firm focuses on complex, time-sensitive transactions and offers customized structures that support property repositioning, lease-up strategies, and recapitalizations. With a disciplined investment approach and a proven track record through market cycles, RRA is a trusted partner to borrowers and institutional investors seeking performance, transparency, and alignment. Learn more at opens new tab. Legal Disclaimer This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Offers are made only to verified accredited investors pursuant to Rule 506(c) of Regulation D under the Securities Act of 1933 and are subject to final offering documentation. Media Contact Hallie Whitehwhite@ ### SOURCE: RRA Capital Copyright 2025 EZ Newswire See release on EZ Newswire
BreakingNews.ie
2 hours ago
- BreakingNews.ie
Classic Hits radio fails to prevent rival from using brand name GHR
The High Court has refused an injunction preventing a rival broadcaster to the Classic Hits Radio station owners from using the brand name "GHR". Choice Broadcasting Ltd, which is part of a group behind Radio Nova and Sunshine 106.8, owns Classic Hits Radio. The overall parent is Bay Broadcasting Ltd and it has been broadcasting as "Ireland's Classic Hits Radio" for the last three years. Advertisement GHR is a brand name by Bauer Audio Ireland Ltd, part of the 150-year-old Germany-headquartered Bauer family company, which manages a portfolio of eight FM radio stations in Ireland including Today FM, Newstalk, 98FM, Spin 1038, Spin South West, Cork's Red FM, iRadio and Beat. Along with GHR, Bauer also owns the brands 'Greatest Hits Radio', both of which it launched in the United Kingdom in 2019. Bauer says these are part of its brands to its more contemporary 'Hits Radio Network' radio service. The GHR Network of stations in the UK have a combined weekly reach of 7.1 million listeners and includes over 50 local and regional radio stations. On June 20th, Choice obtained an interim injunction preventing Bauer using the name 'Greatest Hits Radio' on the Failte DAB+ multiplex and any other delivery platform that is available in the Republic of Ireland. Choice claimed Greatest Hits Radio would infringe the plaintiff's trademark, 'Classic Hits'. Advertisement When the case returned to court a few days later, Bauer said it would not seek to contest the injunction but would instead seek an early hearing of the entire matter. It also said, instead of Greatest Hits Radio, it intended to trade using the initials 'GHR', both in its announcements and jingles on the radio station, and in its logo and advertising until the trial of the action. Choice objected, and there followed a hearing of the issue of extending the injunction to cover the use of GHR, which was strongly contested by each side. On Wednesday, Mr Justice Brian Cregan ruled the terms of the injunction do not include the initials 'GHR'. Advertisement He found Choice had not made out a fair issue to be tried that the initials 'GHR' amounted to passing off its brand or that there was a fair issue to be tried in relation to alleged infringement of trademark. Entertainment Today FM announce Oasis ticket giveaway and launch... Read More Even if it had, the balance of justice would have been in favour of refusing the application to extend the injunction to 'GHR', he said. The judge also said that even if he had found in favour of Choice in relation to fair issue and balance of convenience, he would have considered its (Choice's) undertaking that it could pay damages if it lost the case not to be sufficient on its own. This was in circumstances where the evidence showed Choice is "balance sheet insolvent" and has created a charge over all of its assets, he said. He would therefore have concluded that a fortified undertaking as to damages from Choice's parent company was required. He said he would hear the parties later in relation to the fortified damages undertaking.
The Independent
3 hours ago
- The Independent
UK Government urged to reconsider decision to cut cash for peace fund
The UK Government has been urged to reconsider its decision to cut its backing for a significant Irish peace fund. The Government confirmed it had decided not to continue with the £1 million contribution to the International Fund for Ireland (IFI) in 2024-25, citing a 'very challenging fiscal position'. The IFI was originally set up by the UK and Irish governments as an independent international organisation in 1986. It delivers a range of peace and reconciliation initiatives across Northern Ireland and Irish border counties, including supporting communities to work towards removal of the remaining peace walls. Sinn Fein North Belfast MP John Finucane said he is concerned about the move, and said he will raise it directly with Secretary of State Hilary Benn. 'It is extremely concerning that the British Government is to cut funding for IFI,' he said. 'IFI was established to promote peace, reconciliation and a better future for all communities across Ireland. 'Peace is hard-won and hard-fought. It can never be taken for granted, and crucial funds like this must continue to be supported. 'The British Government should be increasing funding in light of the withdrawal of US support, not imposing further hardship. 'I will be writing to British Secretary of State Hilary Benn, calling for his Government to reverse this decision and ensure IFI can continue its vital grassroots-led programmes.' Responding, a UK Government spokesperson said: 'This Government inherited a very challenging fiscal position, and needed to take difficult but necessary decisions to place the public finances on a sustainable footing. 'As a result, the Government has decided not to continue with the £1 million contribution to the International Fund for Ireland in 2024-25. 'The Government remains supportive of the IFI's aims of promoting peace and reconciliation.'
