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CSO statistical release, , 11am
| Table 1.1: Residential Property Price Index | |||
| Month | Price Index (Jan 2005=100) | Monthly % change | Annual % change |
| September 2018 | 107.6 | 0.9 | 8.5 |
| October 2018 | 107.9 | 0.3 | 8.4 |
| November 2018 | 107.4 | -0.5 | 7.1 |
| The latest two month's RPPI results are provisional and subject to revision. | |||
| 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 | 89.2 | 79.2 | 94.1 |
| Mar-10 | 88.1 | 77.5 | 93.6 |
| Apr-10 | 87.6 | 77.3 | 92.8 |
| May-10 | 86.1 | 76.5 | 90.7 |
| Jun-10 | 85.1 | 75.5 | 89.9 |
| Jul-10 | 84.2 | 75 | 88.8 |
| Aug-10 | 84 | 75.4 | 87.9 |
| Sep-10 | 83 | 75.2 | 86.2 |
| Oct-10 | 81.6 | 74 | 84.6 |
| Nov-10 | 79.9 | 72.5 | 82.9 |
| Dec-10 | 78.7 | 71.2 | 81.8 |
| Jan-11 | 78 | 70.5 | 81.3 |
| Feb-11 | 76.5 | 69 | 79.8 |
| Mar-11 | 74.7 | 67.1 | 78.1 |
| Apr-11 | 73.7 | 66.6 | 76.6 |
| May-11 | 72.4 | 65.5 | 75.2 |
| Jun-11 | 71.3 | 64.6 | 74.1 |
| Jul-11 | 69.8 | 63.6 | 72.2 |
| Aug-11 | 68 | 62.3 | 70 |
| Sep-11 | 66.6 | 60.6 | 68.9 |
| Oct-11 | 65.4 | 59.4 | 67.7 |
| Nov-11 | 64.3 | 58.1 | 66.9 |
| Dec-11 | 63.3 | 57 | 66.1 |
| Jan-12 | 62.3 | 56 | 65.1 |
| Feb-12 | 60.9 | 54.5 | 63.9 |
| Mar-12 | 61.2 | 54.9 | 64.1 |
| Apr-12 | 60.2 | 54.7 | 62.4 |
| May-12 | 60 | 54.7 | 62 |
| Jun-12 | 59.9 | 55 | 61.5 |
| Jul-12 | 60.5 | 56.1 | 61.5 |
| Aug-12 | 60.6 | 56.8 | 61 |
| Sep-12 | 61.1 | 57.5 | 61.2 |
| Oct-12 | 61.3 | 58 | 61.1 |
| Nov-12 | 61.1 | 58.4 | 60.3 |
| Dec-12 | 61.3 | 59.1 | 60 |
| Jan-13 | 60.2 | 58.6 | 58.3 |
| Feb-13 | 59.5 | 57.6 | 58.1 |
| Mar-13 | 58.7 | 57.2 | 56.8 |
| Apr-13 | 59 | 57.9 | 56.7 |
| May-13 | 59 | 58.3 | 56.2 |
| Jun-13 | 60.5 | 60.4 | 56.9 |
| Jul-13 | 62 | 62.6 | 57.4 |
| Aug-13 | 62.8 | 64.2 | 57.5 |
| Sep-13 | 63.8 | 65.3 | 58.3 |
| Oct-13 | 64.2 | 65.7 | 58.7 |
| Nov-13 | 64.5 | 66.5 | 58.4 |
| Dec-13 | 65.3 | 67.3 | 59.1 |
| Jan-14 | 65.4 | 67.6 | 58.9 |
| Feb-14 | 65.6 | 68 | 59.1 |
| Mar-14 | 66.1 | 69 | 58.9 |
| Apr-14 | 67.5 | 71 | 59.5 |
| May-14 | 69.3 | 73.6 | 60.5 |
| Jun-14 | 71.3 | 76.6 | 61.2 |
| Jul-14 | 73.5 | 79.7 | 62.3 |
| Aug-14 | 74.9 | 81.5 | 63.3 |
| Sep-14 | 76.5 | 83.5 | 64.4 |
| Oct-14 | 77.3 | 84 | 65.5 |
| Nov-14 | 77.6 | 83.8 | 66.3 |
| Dec-14 | 77 | 82.6 | 66.4 |
| Jan-15 | 77.3 | 83 | 66.6 |
| Feb-15 | 77 | 82.6 | 66.5 |
| Mar-15 | 77.3 | 82.5 | 67 |
| Apr-15 | 77.9 | 82.6 | 68.1 |
| May-15 | 78.8 | 83.2 | 69.2 |
| Jun-15 | 80.1 | 84.3 | 70.5 |
| Jul-15 | 80.7 | 84.7 | 71.2 |
| Aug-15 | 81.7 | 85.6 | 72.2 |
| Sep-15 | 82 | 85.5 | 72.8 |
| Oct-15 | 82.9 | 86.6 | 73.5 |
| Nov-15 | 82.6 | 86.2 | 73.4 |
| Dec-15 | 82.5 | 85.8 | 73.5 |
| Jan-16 | 83.2 | 87 | 73.8 |
| Feb-16 | 82.7 | 86.4 | 73.5 |
| Mar-16 | 83 | 86.6 | 73.8 |
| Apr-16 | 83.5 | 87.1 | 74.2 |
| May-16 | 83.7 | 86.8 | 74.7 |
| Jun-16 | 84.5 | 87 | 76.1 |
| Jul-16 | 86.4 | 88.1 | 78.5 |
| Aug-16 | 87.6 | 89.4 | 79.5 |
| Sep-16 | 88.6 | 90.8 | 80.1 |
| Oct-16 | 89.1 | 91 | 80.7 |
| Nov-16 | 90.2 | 92.1 | 81.9 |
| Dec-16 | 89.9 | 91.5 | 81.7 |
| Jan-17 | 90.5 | 92 | 82.4 |
| Feb-17 | 90.7 | 92.2 | 82.7 |
| Mar-17 | 91.1 | 92.8 | 82.8 |
| Apr-17 | 91.4 | 92.1 | 84.1 |
| May-17 | 92.8 | 94.5 | 84.4 |
| June-17 | 94.1 | 96.3 | 85.1 |
| July-17 | 96.4 | 98.5 | 87.4 |
| Aug-17 | 97.9 | 99.9 | 88.8 |
| Sept-17 | 99.2 | 101 | 90.2 |
| Oct-17 | 99.5 | 101.5 | 90.4 |
| Nov-17 | 100.3 | 101.8 | 91.6 |
| Dec-17 | 100.8 | 102.2 | 92.1 |
| Jan-18 | 101.2 | 102.8 | 92.4 |
| Feb-18 | 102 | 103.7 | 92.9 |
| Mar-18 | 102.6 | 103.7 | 94.1 |
| Apr-18 | 103.6 | 104.1 | 95.7 |
| May-18 | 104.3 | 104.8 | 96.2 |
| June-18 | 105.3 | 104.9 | 98 |
| July-18 | 106 | 105.8 | 98.5 |
| Aug-18 | 106.6 | 106.6 | 98.8 |
| Sep-18 | 107.6 | 107.5 | 99.8 |
| Oct-18 | 107.9 | 107.7 | 100.2 |
| Nov-18 | 107.4 | 106.9 | 100.1 |
Residential property prices increased by 7.1% nationally in the year to November. This compares with an increase of 8.4% in the year to October and an increase of 11.2% in the twelve months to November 2017.
In Dublin, residential property prices rose by 5.0% in the year to November, with house prices rising by 4.6% and apartments by 6.5%. The highest house price growth in Dublin was in Dún Laoghaire-Rathdown at 6.8%, while the lowest growth was in Fingal at 3.9%.
Residential property prices in Ireland excluding Dublin were 9.3% higher in the year to November, with house prices up by 8.8% and apartments by 14.5%. The region outside of Dublin that saw the largest rise in property prices was the Mid-West at 20.7%, while the smallest rise was recorded in the Border region at 6.1%.
Overall Decline
Overall, the national index is 18.0% lower than its highest level in 2007. Dublin residential property prices are 20.8% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 22.6% lower than their May 2007 peak.
Recovery
Property prices nationally have increased by 83.0% from their trough in early 2013. Dublin residential property prices have risen 96.1% from their February 2012 low, whilst residential property prices in the Rest of Ireland are 78.1% higher than at the trough, which was in May 2013.
| Price Index | annual percentage change |
|---|---|
| National - all residential properties | 7.1 |
| National - houses | 6.8 |
| National - apartments | 9.8 |
| Dublin - all residential properties | 5 |
| Dublin - houses | 4.6 |
| Dublin - apartments | 6.5 |
| Dublin City - houses | 4.5 |
| Dun Laoghaire-Rathdown - houses | 6.8 |
| Fingal - houses | 3.9 |
| South Dublin - houses | 4.3 |
| National excluding Dublin - all residential properties | 9.3 |
| National excluding Dublin - houses | 8.8 |
| National excluding Dublin - apartments | 14.5 |
| Border - houses | 6.1 |
| Midland - houses | 12.6 |
| West - houses | 12.2 |
| Mid-East - houses | 7.2 |
| Mid-West - houses | 20.7 |
| South-East - houses | 10.2 |
| South-West - houses | 7.7 |
Note that due to data smoothing, aggregate index annual percentage changes may be greater or less than their component sub-indices, see here for more information.
Note
Because the RPPI is based on Revenue stamp duty returns, which have a 44 day submission deadline, only a fraction of the two most recent months' residential property transactions are available for index compilation the following month. This means that the RPPI for the latest two months is provisional and subject to revision. See background notes.
The StatBank Tables are available here
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