CSO statistical publication, , 11am
Month | Price Index (Jan 2005=100) | Monthly % change | Annual % change |
June 2016 | 83.4 | 1.0 | 4.9 |
July 2016 | 85.5 | 2.5 | 6.7 |
Aug 2016 | 86.9 | 1.6 | 7.2 |
Month | National | Dublin | Rest of Ireland |
---|---|---|---|
Jan-05 | 100 | 100 | 100 |
Feb-05 | 100.8 | 102.1 | 100.1 |
Mar-05 | 101.4 | 102.9 | 100.5 |
Apr-05 | 102.1 | 103.6 | 101.2 |
May-05 | 102.8 | 104.4 | 101.9 |
Jun-05 | 103.7 | 104.5 | 103.3 |
Jul-05 | 105.3 | 105.7 | 105.1 |
Aug-05 | 107.1 | 107.8 | 106.7 |
Sep-05 | 108.2 | 109.7 | 107.4 |
Oct-05 | 110.6 | 112.8 | 109.3 |
Nov-05 | 111.5 | 114.3 | 110 |
Dec-05 | 112.6 | 114.9 | 111.4 |
Jan-06 | 113.2 | 115.4 | 111.9 |
Feb-06 | 113.5 | 116.4 | 111.8 |
Mar-06 | 114.1 | 117.1 | 112.4 |
Apr-06 | 115.8 | 119.2 | 113.9 |
May-06 | 118.2 | 122.3 | 115.8 |
Jun-06 | 120.3 | 125.5 | 117.4 |
Jul-06 | 123 | 129.5 | 119.5 |
Aug-06 | 125.8 | 133.3 | 121.6 |
Sep-06 | 126.8 | 133.5 | 123.1 |
Oct-06 | 127.6 | 134.4 | 123.8 |
Nov-06 | 127.6 | 133.9 | 124.1 |
Dec-06 | 128.6 | 134.1 | 125.5 |
Jan-07 | 129.7 | 134.3 | 127.1 |
Feb-07 | 130.3 | 135 | 127.7 |
Mar-07 | 130.5 | 133.7 | 128.6 |
Apr-07 | 131 | 134 | 129.2 |
May-07 | 130.6 | 132.7 | 129.3 |
Jun-07 | 130.3 | 133 | 128.7 |
Jul-07 | 130.6 | 133.7 | 128.8 |
Aug-07 | 130.4 | 133 | 128.8 |
Sep-07 | 130.4 | 133.3 | 128.7 |
Oct-07 | 130 | 133.3 | 128.1 |
Nov-07 | 130 | 132.2 | 128.7 |
Dec-07 | 129.2 | 130.5 | 128.4 |
Jan-08 | 128.1 | 127.5 | 128.2 |
Feb-08 | 127 | 126.8 | 126.9 |
Mar-08 | 125.9 | 126.1 | 125.6 |
Apr-08 | 124.8 | 126.1 | 124.1 |
May-08 | 123.5 | 126.2 | 122.1 |
Jun-08 | 122.3 | 124.9 | 120.9 |
Jul-08 | 121.6 | 123.4 | 120.5 |
Aug-08 | 120.3 | 121.7 | 119.5 |
Sep-08 | 118.8 | 117.5 | 119.1 |
Oct-08 | 116.2 | 113.4 | 117.2 |
Nov-08 | 114.1 | 110.2 | 115.7 |
Dec-08 | 111.9 | 108 | 113.5 |
Jan-09 | 109 | 105 | 110.8 |
Feb-09 | 106 | 100.3 | 108.5 |
Mar-09 | 103.2 | 96.6 | 106.3 |
Apr-09 | 100.9 | 92.9 | 104.6 |
May-09 | 98.5 | 90.9 | 102.1 |
Jun-09 | 96.9 | 89.8 | 100.2 |
Jul-09 | 95.5 | 88.9 | 98.5 |
Aug-09 | 94.3 | 89 | 96.6 |
Sep-09 | 94.2 | 88.6 | 96.8 |
Oct-09 | 93.1 | 86.6 | 96.2 |
Nov-09 | 92.8 | 85 | 96.4 |
Dec-09 | 91.5 | 83.2 | 95.5 |
Jan-10 | 90.6 | 81.1 | 95.2 |
Feb-10 | 89 | 79.1 | 93.7 |
Mar-10 | 87.5 | 77 | 92.8 |
Apr-10 | 87 | 76.3 | 92.5 |
May-10 | 85.4 | 75.8 | 90.1 |
Jun-10 | 85 | 75.1 | 90 |
Jul-10 | 84.8 | 74.7 | 90 |
Aug-10 | 84.3 | 75.1 | 88.9 |
Sep-10 | 83.3 | 75.4 | 86.6 |
Oct-10 | 81.7 | 74.3 | 84.7 |
Nov-10 | 80 | 72.8 | 83 |
Dec-10 | 78.6 | 71.2 | 81.8 |
Jan-11 | 78.2 | 70.1 | 81.9 |
Feb-11 | 76.8 | 68.8 | 80.5 |
Mar-11 | 74.8 | 67.2 | 78.2 |
Apr-11 | 73.8 | 66.8 | 76.8 |
May-11 | 72.7 | 65.8 | 75.6 |
Jun-11 | 71.5 | 65.5 | 73.7 |
Jul-11 | 70.7 | 64.8 | 72.7 |
Aug-11 | 69.4 | 63.6 | 71.5 |
Sep-11 | 67.9 | 61.8 | 70.4 |
Oct-11 | 67 | 60.7 | 69.6 |
Nov-11 | 65.6 | 59.3 | 68.4 |
Dec-11 | 64.1 | 58.1 | 66.5 |
Jan-12 | 62.6 | 56.9 | 64.8 |
Feb-12 | 61.2 | 55.3 | 63.5 |
Mar-12 | 61.6 | 55.6 | 63.9 |
Apr-12 | 60.5 | 55.2 | 62.2 |
May-12 | 60.5 | 55.2 | 62.2 |
Jun-12 | 60.5 | 55.5 | 61.9 |
Jul-12 | 61 | 56.8 | 61.7 |
Aug-12 | 60.9 | 57.4 | 61 |
Sep-12 | 61.4 | 58 | 61.2 |
Oct-12 | 61.4 | 58.5 | 60.9 |
Nov-12 | 61.3 | 58.7 | 60.4 |
Dec-12 | 61.7 | 59.4 | 60.4 |
Jan-13 | 60.8 | 58.8 | 59.3 |
Feb-13 | 60.2 | 58 | 59 |
Mar-13 | 59.7 | 58.2 | 57.6 |
Apr-13 | 59.8 | 58.9 | 56.9 |
May-13 | 59.8 | 59.5 | 56.2 |
Jun-13 | 61.5 | 61.8 | 57.1 |
Jul-13 | 63.3 | 64.3 | 57.7 |
Aug-13 | 64.4 | 65.9 | 58 |
Sep-13 | 65.5 | 67 | 59.1 |
Oct-13 | 65.8 | 67.4 | 59.2 |
Nov-13 | 66.2 | 68 | 59 |
Dec-13 | 67.2 | 69 | 59.9 |
Jan-14 | 66.9 | 69 | 59.5 |
Feb-14 | 66.8 | 69 | 59.3 |
Mar-14 | 67.3 | 69.9 | 59.2 |
Apr-14 | 68.7 | 71.7 | 60.1 |
May-14 | 70.5 | 73.8 | 61.1 |
Jun-14 | 73 | 77.2 | 61.9 |
Jul-14 | 75.5 | 80.5 | 63 |
Aug-14 | 76.9 | 81.7 | 64.4 |
Sep-14 | 78.4 | 83.4 | 65.6 |
Oct-14 | 79.2 | 83.8 | 67 |
Nov-14 | 79.3 | 83.6 | 67.5 |
Dec-14 | 78.7 | 82.6 | 67.7 |
Jan-15 | 78.4 | 82.8 | 67.8 |
Feb-15 | 77.8 | 82.6 | 67.2 |
Mar-15 | 77.6 | 82.6 | 67.3 |
Apr-15 | 77.7 | 82.5 | 67.8 |
May-15 | 78.4 | 82.8 | 69 |
Jun-15 | 79.5 | 83.8 | 70 |
Jul-15 | 80.1 | 84.1 | 70.9 |
Aug-15 | 81.1 | 85 | 71.9 |
Sep-15 | 81.7 | 85.2 | 72.8 |
Oct-15 | 82.7 | 86.2 | 73.8 |
Nov-15 | 82.6 | 86.4 | 73.5 |
Dec-15 | 82.3 | 85.8 | 73.6 |
Jan-16 | 82.8 | 86.6 | 73.7 |
Feb-16 | 82 | 85.6 | 73.4 |
Mar-16 | 81.9 | 85.5 | 73.5 |
Apr-16 | 82.2 | 85.8 | 73.8 |
May-16 | 82.6 | 85.6 | 74.8 |
Jun-16 | 83.4 | 86 | 76.1 |
Jul-16 | 85.5 | 87.5 | 78.7 |
Aug-16 | 86.9 | 88.8 | 80.1 |
In the year to August, residential property prices at national level increased by 7.2%. This compares with an increase of 6.7% in the year to July and an increase of 5.5% in the twelve months to August 2015.
In Dublin, all residential property prices increased by 4.5% in the year to August. Dublin house prices increased 4.8%. Whereas apartments increased 6.4% in the same period . The highest house growth was in Dublin City and Fingal, with house prices in both increasing by 5.9%. In contrast, the lowest growth was in Dun Laoghaire-Rathdown, with house prices rising just 1.5%.
The index for all residential property prices in the Rest of Ireland (i.e. excluding Dublin) increased by 11.4% in the year to August. House prices in the Rest of Ireland increased 11.5% over the period. Apartment prices in the Rest of Ireland increased 9.9% in the same period. The South-West region showed the greatest price growth, with house prices increasing 14.8%. Conversely, the Mid-East region showed the least price growth, with house prices increasing 5.0%.
Overall Decline
Overall, the national index is 33.7% lower than its highest level in 2007. Dublin residential property prices are 34.2% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 38.1% lower than their May 2007 peak.
Recovery
From the trough in early 2013, prices nationally have increased by 45.6%. In the same period, Dublin residential properties have recovered 60.9% of their value whilst residential properties in the Rest of Ireland index recovered 42.5% of their value.
Table 2 - Residential Property Price Index (Base Jan 2005=100) | ||||||
Price Index | June 2016 | July 2016 | August 2016 | 1 month % change | 3 month % change | Annual % change |
National - all residential properties | 83.4 | 85.5 | 86.9 | 1.6 | 5.2 | 7.2 |
National - houses | 86.7 | 89.1 | 90.6 | 1.7 | 5.5 | 7.3 |
National - apartments | 71.1 | 71.5 | 72.3 | 1.1 | 3.3 | 7.6 |
Dublin - all residential properties | 86.0 | 87.5 | 88.8 | 1.5 | 3.7 | 4.5 |
Dublin - houses | 91.2 | 93.2 | 94.6 | 1.5 | 4.0 | 4.8 |
Dublin - apartments | 77.2 | 77.3 | 78.2 | 1.2 | 2.8 | 6.4 |
Dublin City - houses | 94.9 | 96.4 | 98.6 | 2.3 | 3.9 | 5.9 |
Dún Laoghaire-Rathdown - houses | 91.0 | 91.9 | 92.1 | 0.2 | 1.1 | 1.5 |
Fingal - houses | 85.7 | 85.9 | 86.1 | 0.2 | 0.1 | 5.9 |
South Dublin - houses | 91.2 | 92.4 | 92.4 | 0.0 | 2.2 | 2.9 |
National excluding Dublin - all residential properties | 76.1 | 78.7 | 80.1 | 1.8 | 7.1 | 11.4 |
National excluding Dublin - houses | 78.4 | 81.1 | 82.5 | 1.7 | 6.9 | 11.5 |
National excluding Dublin - apartments | 53.9 | 54.7 | 55.5 | 1.5 | 8.0 | 9.9 |
Border excluding Louth - houses | 63.9 | 65.1 | 65.3 | 0.3 | 3.2 | 8.1 |
Midland houses | 76.5 | 78.1 | 77.7 | -0.5 | 2.2 | 14.1 |
West - houses | 72.6 | 74.3 | 75.9 | 2.2 | 7.2 | 11.9 |
Mid-East including Louth - houses | 83.9 | 85.3 | 86.6 | 1.5 | 3.7 | 5.0 |
Mid-West including South Tipperary - houses | 75.7 | 77.3 | 79.8 | 3.2 | 7.3 | 11.3 |
South-East excluding South Tipperary - houses | 67.0 | 68.8 | 71.4 | 3.8 | 7.2 | 9.2 |
South-West - houses | 88.4 | 91.0 | 92.1 | 1.2 | 5.1 | 14.8 |
Figures provisional - see section on provisional results in background notes |
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