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Fears Grow Over Housing Market Slowdown...

Not a single new home registered by Premier in January... THE private housing market could be in danger of grinding to a complete halt with one of the two home-registration firms in the country not registering a single house in January. The Irish Independent has learned that Premier Guarantee did not register a single housing unit in January, with its larger rival Homebond only registering 149 houses, including just 24 in Dublin. At the peak of the property market in 2006, Homebond was registering 6,122 houses a month or about 72,000 in a full year. Premier, the smaller of the two registration services, was registering about 2,117 houses per month, or almost 25,000 per annum. Of the 149 houses registered with Homebond in January, 62 were in Cork, 16 in Kildare and 24 in Dublin. In most of the other counties there were less than three houses registered, with many counties only registering a single house. One of the few things propping up the housing market now is one-off housing which o...