REPORT: Mortgage Lending The total value of Irish mortgage lending in the first three months of this year was €1,998 million, representing a fall of 43.5% on the previous quarter and 68.1% annually. The IBF/PwC Mortgage Market Profile shows that the volume of new lending in Q1 of 2009 was down 61% annually. The IBF/PwC Mortgage Market profile showed that while some 11,000 new mortgages to the value of some €2bn were issued during the first quarter of 2009, new mortgage lending was down 41.2pc on the previous quarter.

Asking prices down 4.7pc: Daft.ie		Property market should 'stabilise' next year
Asking prices for residential properties have fallen by 4.7% in the last three months, according to Daft.ie. The property website says the average asking price nationally now stands at €253,000.		A leading economist with the Central Statistics Office has said stability will return to the domestic property market by 2011, though ‘meaningful recovery’ will not materialise for another three years.

€800m Ballymun regeneration gets go-ahead Treasury Holdings said today it has secured full planning permission for the €800 million regeneration of Ballymun Town Centre in north Dublin. The Spring Cross scheme is the largest town-centre project that has ever been approved by the Irish planning authorities.

‘Meaningful improvement’ in property market: CBRE A leading property consultancy firm says that despite all the “doom and gloom”, the market is showing signs of life. CB Richard Ellis predicts there will be a "meaningful improvement" in transaction volumes in the investment and occupier sectors in the third quarter of this year.

The new €500m town centre plan for Liffey Valley shows there is still activity in the marketplace 2009 Irish Property Market Outlook The total Irish spend on property is set to fall this year to €4.5 billion, a drop of 90 per cent from its 2006 peak – though the marketplace is “clearly near the bottom”. This is according to the 2009 Irish Property Market Outlook from international agency Savills, which reports that spending on property will slump to €4.5 billion this year, down from record 2006 levels of €50bn. Find out what's the latest on the: - Development Land Market - Office Market - Investment Market - Retail Market - Industrial Market - New Homes Market

5,000 concert venue in Cork		€1.25bn city centre scheme
Live Nation - the music promoter behind the O2 venue in Dublin - has revealed talks are underway to build a new 5,000 capacity concert venue in Cork.		Discussions on how best to proceed with plans for the €1.25bn scheme on the site of the old Carlton cinema site in Dublin are already underway, a spokesperson for the developers has confirmed.