Residential property prices in Ireland rose 8.4 percent in the year to October 2018, easing from an upwardly revised 8.5 percent growth in the previous month, as apartment prices went up at a softer pace (9.7 percent vs 11.9 percent in September). Meanwhile, house prices increased 8.6 percent, faster than 8.2 percent in the previous month. In Dublin residential property costs rose 6.3 percent (vs 6.4 percent in September) and in the rest of the country they advanced 10.6 percent, the same as in a month earlier. Still, the national index was 17.6 percent lower than its highest level in 2007. Housing Index in Ireland averaged 92.13 Index Points from 2005 until 2018, reaching an all time high of 131 Index Points in April of 2007 and a record low of 58.70 Index Points in March of 2013.

Housing Index in Ireland is expected to be 108.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in Ireland to stand at 114.00 in 12 months time. In the long-term, the Ireland Residential Property Prices is projected to trend around 125.00 Index Points in 2020, according to our econometric models.

Ireland Residential Property Prices
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-16 11:00 AM Residential Property Prices MoM 0.3%
2019-01-16 11:00 AM Residential Property Prices YoY 8.4%
2019-02-14 11:00 AM Residential Property Prices MoM

Ireland Housing Last Previous Highest Lowest Unit
Housing Index 107.90 107.60 131.00 58.70 Index Points [+]
New Home Sales 758.00 678.00 879.00 159.00 dwellings [+]
Building Permits 1639.00 1718.00 7563.00 751.00 [+]
Construction Output 12.00 17.60 36.10 -38.30 percent [+]
Construction Pmi 55.50 52.90 68.80 43.40 [+]
Existing Home Sales 3376.00 3143.00 3671.00 610.00 dwellings [+]
Home Ownership Rate 69.80 70.00 81.80 68.60 percent [+]

Ireland Residential Property Prices

In Ireland, the housing index refers to the Residential Property Price Index (RPPI) and it is designed to measure the change in the average level of prices paid for residential properties sold in the country. The RPPI is compiled using data on mortgage drawdowns provided on a monthly basis by 8 of the main Mortgage Lending Institutions under Section 13 of the Housing Act (2002). It is transactions based; meaning that prices are recorded only where a sale occurs. Not all residential property transactions are funded by a mortgage (i.e. they are cash based) and these transactions are excluded from the scope of the index. This page provides the latest reported value for - Ireland Residential Property Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Residential Property Prices - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
107.90 107.60 131.00 58.70 2005 - 2018 Index Points Monthly
2005M1=100, NSA

Country Last Previous
Argentina 720.96 Oct/18
Australia -1.50 Sep/18
Brazil 128.90 Oct/18
Canada 103.30 Sep/18
China 8.60 Oct/18
Euro Area 111.58 Jun/18
France 106.31 Jun/18
Germany 152.86 Oct/18
India 148.00 Mar/18
Indonesia 207.69 Dec/18
Italy 99.40 Jun/18
Japan 111.89 Aug/18
Netherlands 125.70 Sep/18
Russia 1.00 Dec/17
Saudi Arabia 82.30 Sep/18
Singapore 149.70 Sep/18
South Korea 105.80 Nov/18
Spain 1589.50 Sep/18
Switzerland 168.38 Sep/18
Turkey 271.90 Sep/18
United Kingdom 726.90 Nov/18
United States 0.20 Sep/18