Residential property prices in Ireland rose 3.1 percent in the year to April 2019, slowing from a downwardly revised 3.8 percent advance in the previous month. That was the smallest increase in house prices since July 2013, as price growth eased for both houses (3.1 percent vs 3.8 percent in March) and apartments (3.3 percent vs 4.5 percent). In Dublin, residential property costs were up 0.5 percent (vs 0.9 percent in March) and in the rest of the country they increased 5.6 percent (vs 6.9 percent in March). Overall, the national index was 18.5 percent lower than its highest level in 2007. Housing Index in Ireland averaged 92.64 Index Points from 2005 until 2019, 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 112.00 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 117.00 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
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Calendar GMT Actual Previous Consensus TEForecast
2018-12-11 11:00 AM Residential Property Prices MoM 0.3% 0.9% 0.5%
2018-12-11 11:00 AM Residential Property Prices YoY 8.4% 8.5% 8.3%
2019-01-16 11:00 AM Residential Property Prices YoY 7.1% 8.4% 7.8%
2019-01-16 11:00 AM Residential Property Prices MoM -0.5% 0.3% 0.2%

Ireland Housing Last Previous Highest Lowest Unit
Housing Index 106.80 106.50 131.00 58.70 Index Points [+]
New Home Sales 572.00 516.00 879.00 159.00 Units [+]
Building Permits 1678.00 1813.00 7563.00 751.00 [+]
Construction Output 5.90 12.70 36.10 -38.60 percent [+]
Construction Pmi 54.90 56.60 68.80 43.40 [+]
Existing Home Sales 2623.00 2491.00 3671.00 610.00 Units [+]
Home Ownership Rate 69.50 69.80 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 June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
106.80 106.50 131.00 58.70 2005 - 2019 Index Points Monthly
2005M1=100, NSA

Country Last Previous
Argentina 735.30 Apr/19
Australia -3.00 Mar/19
Brazil 129.60 Apr/19
Canada 103.20 Apr/19
China 10.70 May/19
Euro Area 114.04 Dec/18
France 108.50 Dec/18
Germany 160.02 May/19
India 107.00 Sep/18
Indonesia 209.46 Jun/19
Italy 98.20 Dec/18
Japan 114.22 Feb/19
Netherlands 129.80 Apr/19
Russia 6.30 Dec/18
Saudi Arabia 80.40 Dec/18
Singapore 148.60 Mar/19
South Korea 99.60 May/19
Spain 1636.30 Mar/19
Switzerland 167.20 Mar/19
Turkey 109.30 Mar/19
United Kingdom 769.80 May/19
United States 0.10 Mar/19