Residential property prices in Ireland surged 5.5 percent year-on-year in May of 2021, accelerating from an upwardly revised 4.6 percent rise in the previous month. It was the 7th consecutive month of gains in home prices and the biggest since December 2018, as house prices advanced 5.6 percent, following a 4.7 percent gain in April; and apartments cost climbed 5.2 percent, up from 3.9 percent. In Dublin, residential property prices went up 4.9 percent (vs 3.7 percent in April) and in the rest of the country increased 6.2 percent (vs 5.4 percent). Overall, the national index is 13.5% lower than its highest level in 2007. source: Central Statistics Office Ireland

Housing Index in Ireland averaged 118.26 points from 2005 until 2021, 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 July of 2021.

Housing Index in Ireland is expected to be 134.00 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 132.00 in 12 months time. In the long-term, the Ireland Residential Property Prices is projected to trend around 138.00 points in 2022, according to our econometric models.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Ireland Residential Property Prices

Actual Previous Highest Lowest Dates Unit Frequency
141.50 140.30 163.60 73.40 2005 - 2021 points Monthly
2015=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-16 10:00 AM Residential Property Prices YoY Apr 4.5% 3.5% 4.1%
2021-06-16 10:00 AM Residential Property Prices MoM Apr 0.8% 0.5% 0.3%
2021-07-14 10:00 AM Residential Property Prices MoM May 0.9% 1% 0.4%
2021-07-14 10:00 AM Residential Property Prices YoY May 5.5% 4.6% 4.8%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Irish Home Prices Rise the Most since 2018
Residential property prices in Ireland surged 5.5 percent year-on-year in May of 2021, accelerating from an upwardly revised 4.6 percent rise in the previous month. It was the 7th consecutive month of gains in home prices and the biggest since December 2018, as house prices advanced 5.6 percent, following a 4.7 percent gain in April; and apartments cost climbed 5.2 percent, up from 3.9 percent. In Dublin, residential property prices went up 4.9 percent (vs 3.7 percent in April) and in the rest of the country increased 6.2 percent (vs 5.4 percent). Overall, the national index is 13.5% lower than its highest level in 2007.
2021-07-14
Irish Home Prices Rise the Most in Over 2 Years
Residential property prices in Ireland surged 4.5 percent year-on-year in April of 2021, accelerating from a downwardly revised 3.5 percent rise in the previous month. It was the sixth consecutive month of gains in home prices and the biggest since January 2019, as house prices advanced 4.5 percent, following a 3.5 percent gain in March; and apartments cost climbed 3.8 percent, up from 3.1 percent. In Dublin, residential property prices went up 3.5 percent (vs 2.3 percent in March) and in the rest of the country increased 5.4 percent (vs 4.7 percent). Overall, the national index is 14.3 percent lower than its highest level in 2007.
2021-06-16
Irish Home Price Growth Accelerates to 2-Year High
Residential property prices in Ireland jumped 3.7 percent year-on-year in March of 2021, accelerating from a 3 percent rise in the previous month. It was the fifth consecutive month of gains in home prices and the biggest since March 2019, as house prices advanced 3.7 percent, following a 3 percent gain in February; and apartments cost climbed 3.4 percent, up from 3.1 percent. In Dublin, residential property prices went up 2.5 percent (vs 1.4 percent in February) and in the rest of the country increased 4.9 percent (vs 4.5 percent). Overall, the national index is 14.9 percent lower than its highest level in 2007.
2021-05-12
Irish Home Prices Rise the Most in Nearly 2 Years
Residential property prices in Ireland rose 3.0 percent year-on-year in February of 2021, accelerating from a 2.6 percent increase in the previous month. It was the fourth consecutive month of gains in home prices and the biggest since April of 2019, as house prices advanced 3.0 percent, following a 2.4 percent gain in January; and apartments cost climbed 3.3 percent, easing from a 3.5 percent jump. In Dublin, residential property prices went up 1.2 percent (vs 0.9 percent in January) and in the rest of the country increased 4.7 percent (vs 4.0 percent). Overall, the national index is 15.5 percent lower than its highest level in 2007.
2021-04-15

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.