Residential property prices in Ireland decreased by 0.5 percent in the year to July 2020, the first month of decline since May 2013, amid the coronavirus crisis. House prices went down 0.3 percent, compared to a 0.2 percent gain in June, and apartments cost advanced 1.9 percent, little-changed from 2.0 percent in the previous period. In Dublin, residential property prices dropped by 1.3 percent (vs -0.5 percent in June), while in the rest of the country prices rose by 0.2 percent (vs 0.6 percent in June). Overall, the national index was 17.7 percent lower than its highest level in 2007.
Housing Index in Ireland averaged 117.23 points from 2005 until 2020, reaching an all time high of 163.60 points in April of 2007 and a record low of 73.40 points in March of 2013. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Central Statistics Office Ireland
Housing Index in Ireland is expected to be 127.00 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 130.00 in 12 months time. In the long-term, the Ireland Residential Property Prices is projected to trend around 132.00 points in 2021 and 138.00 points in 2022, according to our econometric models.