This morning’s Irish Residential Property Price Index (RPPI) should show inflation moving back into positive territory in November, with unseasonable price gains due to the delayed summer trading season. Meanwhile, the latest data show the housing market continuing to tighten in 2021, with properties listed for sale on MyHome falling to a fresh low of 12,700. In this context, it isn’t surprising to see house price inflation expectations being revised up towards our forecast of a 3% rise through 2021.
Davy research
Davy ResearchAmryt Pharma - Fiscal year 2020 better across the board
Davy ResearchLufthansa - Restructuring and deleveraging will be a long and painful process
Davy ResearchVistry Group - Company makes very strong start to 2021
Davy ResearchMarket comment - Ireland’s unemployment rate steady at 5.8%
Davy ResearchEntain - Enters 2021 with good US momentum
Davy ResearchOrigin Enterprises - Controlling the controllables; cash flow the stand-out
Davy ResearchCairn Homes - FY results in line with guidance; no material changes likely to forecasts