Press Statement

Preasráiteas

15 November 2021

Go to release: Residential Property Price Index September 2021

The Central Statistics Office (CSO) has today (15 November 2021) published the Residential Property Price Index (RPPI) September 2021.

Commenting on the release, Viacheslav Voronovich, Statistician, said: “Residential property prices rose by 12.4% annually in September 2021, increasing from 10.9% in August. In Dublin, residential property prices saw an increase of 11.5% in the year to September, while property prices outside Dublin were 13.2% higher.

In Dublin, house prices increased by 12.4% and apartment prices increased by 7.7%. The highest house price growth in Dublin was in Dublin City at 14.1%, while Fingal saw a rise of 8.6%.

Outside Dublin, house prices were up by 13.0% and apartment prices up by 15.1%. The region outside of Dublin with the largest increase in house prices was the Border at 21.9%, while at the other end of the scale, the Mid-East saw a 10.7% rise.

Existing dwellings accounted for 3,700 (86.0%) of the dwelling purchases filed with the Revenue Commissioners in September 2021, the balance of 604 (14.0%) were new dwellings,

Households paid a median price of €272,000 for a residential property in the 12 months to September 2021. The lowest median price paid for a dwelling was €125,000 in Leitrim, while the highest was €570,000 in Dún Laoghaire-Rathdown.”

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