Back to Top

 Skip navigation

Residential Property Price Index July 2020

This release was compiled during the COVID-19 pandemic. For further information see Information Note on Implications of COVID-19 on the Residential Property Price Index - July 2020

Open in Excel:

CSO statistical publication, , 11am

On-line ISSN: 2009-5236

Residential property prices decrease by 0.5% in the year to July

Table 1.1: Residential Property Price Index
MonthPrice Index (2015=100)Monthly % change Annual % change
April 2020134.2-0.10.7
May 2020134.10.00.4
June 2020134.20.10.0
July 2020134.60.3-0.5
The latest three month's RPPI results are provisional and subject to revision.
MonthNationalDublinRest of Ireland
Jan-10113.296.1135.3
Feb-10111.493.9133.7
Mar-1011091.8132.9
Apr-10109.491.6131.8
May-10107.590.7128.8
Jun-10106.389.5127.8
Jul-10105.288.8126.2
Aug-10104.989.3125
Sep-10103.689.1122.4
Oct-10101.987.7120.2
Nov-1099.885.9117.7
Dec-1098.384.4116.3
Jan-1197.583.5115.5
Feb-1195.681.8113.4
Mar-1193.379.5110.9
Apr-119278.9108.9
May-1190.477.6106.9
Jun-1189.176.5105.3
Jul-1187.275.4102.5
Aug-118573.999.4
Sep-1183.271.897.8
Oct-1181.770.496.3
Nov-1180.368.995.1
Dec-1179.167.693.9
Jan-1277.866.492.5
Feb-127664.690.8
Mar-1276.465.191.1
Apr-1275.264.888.7
May-127564.888.1
Jun-1274.865.187.3
Jul-1275.666.587.4
Aug-1275.767.486.6
Sep-1276.368.187
Oct-1276.668.886.8
Nov-1276.369.285.6
Dec-1276.67085.3
Jan-1375.269.482.9
Feb-1374.468.282.5
Mar-1373.467.880.7
Apr-1373.768.680.5
May-1373.769.179.8
Jun-1375.671.680.9
Jul-1377.474.281.6
Aug-1378.57681.8
Sep-1379.777.482.9
Oct-1380.277.983.4
Nov-1380.678.883
Dec-1381.579.884
Jan-1481.680.183.7
Feb-148280.584
Mar-1482.581.883.6
Apr-1484.384.284.6
May-1486.587.286
Jun-148990.887
Jul-1491.794.588.5
Aug-1493.696.690
Sep-1495.69991.5
Oct-1496.699.593.1
Nov-1496.999.394.2
Dec-1496.297.994.3
Jan-1596.598.394.6
Feb-1596.297.994.5
Mar-1596.597.895.2
Apr-1597.397.996.7
May-1598.498.598.4
Jun-1510099.9100.1
Jul-15100.8100.4101.2
Aug-15102101.4102.6
Sep-15102.4101.4103.4
Oct-15103.5102.6104.5
Nov-15103.2102.2104.3
Dec-15103101.6104.4
Jan-16104103.1104.9
Feb-16103.4102.3104.4
Mar-16103.7102.6104.8
Apr-16104.3103.2105.5
May-16104.5102.9106.2
Jun-16105.6103.1108.2
Jul-16107.9104.4111.5
Aug-16109.4106112.9
Sep-16110.7107.6113.9
Oct-16111.2107.9114.7
Nov-16112.7109.1116.4
Dec-16112.2108.4116.2
Jan-17113109117.1
Feb-17113.3109.3117.5
Mar-17113.8110117.7
Apr-17114.2109.2119.5
May-17115.9112120
June-17117.5114.1120.9
July-17120.4116.7124.3
Aug-17122.2118.4126.2
Sept-17123.9119.7128.1
Oct-17124.3120.3128.4
Nov-17125.3120.6130.1
Dec-17125.9121.1130.8
Jan-18126.5121.8131.3
Feb-18127.4122.9132
Mar-18128.2122.8133.8
Apr-18129.5123.3136
May-18130.3124.2136.7
June-18131.6124.4139.3
July-18132.4125.3140
Aug-18133.1126.3140.4
Sep-18134.4127.3141.9
Oct-18134.7127.7142.1
Nov-18134.2126.8142.1
Dec-18133.8125.8142.4
Jan-19133.1125.1141.6
Feb-19132.9124.7141.6
Mar-19133123.9142.9
Apr-19133.3123.9143.4
May-19133.6124.2143.9
June-19134.2124.5144.8
July-19135.3125.3146.2
Aug-19135.7125.8146.5
Sep-19135.9125.9146.7
Oct-19136125.9147
Nov-19135.7125.6146.8
Dec-19134.2123.6145.9
Jan-20134.4124.5145.3
Feb-20134.2124.6144.8
Mar-20134.3124.7144.7
Apr-20134.2124.2145.1
May-20134.1124145.2
June-20134.2123.8145.6
July-20134.6123.7146.6

Residential property prices decreased by 0.5% nationally in the year to July. There was no change in the year to June and an increase of 2.2% in the twelve months to July 2019.

In Dublin, residential property prices saw a decline of 1.3% in the year to July - house prices decreased by 1.2% and apartments increased by 0.4%. The highest house price growth in Dublin was in Dun Laoghaire-Rathdown at 1.3%, while Dublin City saw a decline of 2.7%.

Residential property prices in Ireland excluding Dublin were 0.2% higher in the year to July, with house and apartment prices up by 0.3%. The region outside of Dublin that saw the largest rise in house prices was the South-West at 4.3% - at the other end of the scale, the South-East saw a 1.6% decline.

Overall Decline

Overall, the national index is 17.7% lower than its highest level in 2007. Dublin residential property prices are 22.7% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 20.2% lower than their May 2007 peak.

Recovery

Property prices nationally have increased by 83.5% from their trough in early 2013. Dublin residential property prices have risen 91.4% from their February 2012 low, whilst residential property prices in the Rest of Ireland are 83.6% higher than at the trough, which was in May 2013.

Price Indexannual percentage change
National - all residential properties-0.5
National - houses-0.3
National - apartments1.9
Dublin - all residential properties-1.3
Dublin - houses-1.2
Dublin - apartments0.4
Dublin City - houses-2.7
Dun Laoghaire-Rathdown - houses1.3
Fingal - houses0.2
South Dublin - houses-1.8
National excluding Dublin - all residential properties0.2
National excluding Dublin - houses0.3
National excluding Dublin - apartments0.3
Border - houses-0.8
Midland - houses2.8
West - houses1.4
Mid-East - houses0.4
Mid-West - houses1
South-East - houses-1.6
South-West - houses4.3
Show Table: Residential Property Price Index Breakdown (Base 2015=100)

Note

Because the RPPI is based on Revenue stamp duty returns, which have a 44 day submission deadline. To account for this fact and also for late filings, the RPPI for the latest three months is provisional and subject to revision. See background notes.

For further Information see tables on StatBank

Go to next chapter >>>Additional Indicators