Press Statement

Preasráiteas

15 December 2021

Go to release: Residential Property Price Index October 2021

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

Commenting on the release, Viacheslav Voronovich, Statistician, said: “Residential property prices rose by 13.5% annually in October 2021, increasing from 12.5% in September. In Dublin, residential property prices saw an increase of 12.3% in the year to October, while property prices outside Dublin were 14.6% higher.

In Dublin, house prices increased by 13.3% and apartment prices increased by 8.1%. The highest house price growth in Dublin was in Dublin City at 15.5%, while Fingal saw a rise of 9.6%.

Outside Dublin, house prices were up by 14.7% and apartment prices up by 13.4%. The region outside of Dublin that saw the largest rise in house prices was the Border at 24.1%, while at the other end of the scale, the Mid-East saw an 11.5% rise.

Existing dwellings accounted for 3,687 (85.1%) of the dwelling purchases filed with the Revenue Commissioners in October 2021, the balance of 648 (14.9%) were new dwellings,

Households paid a median price of €275,000 for a residential property in the 12 months to October 2021. The lowest median price paid for a dwelling was €129,000 in Longford, while the highest was €580,00 in Dún Laoghaire-Rathdown.”

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