CSO statistical publication, , 11am
| Table 1.1: Residential Property Price Index | |||
| Month | Price Index (2015=100) | Monthly % change | Annual % change |
| June 2021 | 143.4 | 1.4 | 6.8 |
| July 2021 | 145.8 | 1.7 | 8.5 |
| August 2021 | 149.2 | 2.3 | 10.9 |
| September 2021 | 151.5 | 1.6 | 12.4 |
| The latest three month's RPPI results are provisional and subject to revision. | |||
Residential property prices (houses and apartments) increased by 12.4% nationally in the year to September. This compares to an increase of 10.9% in the year to August and a decrease of 0.8% in the twelve months to September 2020.
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. See Figure 1.1.
| Month | National | Dublin | Rest of Ireland |
|---|---|---|---|
| Jan-16 | 7.7 | 4.8 | 10.9 |
| Feb-16 | 7.4 | 4.6 | 10.5 |
| Mar-16 | 7.4 | 4.9 | 10.1 |
| Apr-16 | 7.2 | 5.4 | 9 |
| May-16 | 6.1 | 4.4 | 8 |
| Jun-16 | 5.6 | 3.2 | 8 |
| Jul-16 | 7 | 3.9 | 10.2 |
| Aug-16 | 7.3 | 4.5 | 10 |
| Sep-16 | 8.1 | 6.2 | 10.1 |
| Oct-16 | 7.4 | 5.1 | 9.8 |
| Nov-16 | 9.2 | 6.8 | 11.7 |
| Dec-16 | 9 | 6.7 | 11.2 |
| Jan-17 | 8.7 | 5.8 | 11.6 |
| Feb-17 | 9.6 | 6.8 | 12.4 |
| Mar-17 | 9.8 | 7.2 | 12.2 |
| Apr-17 | 9.5 | 5.8 | 13.3 |
| May-17 | 10.9 | 8.8 | 13 |
| June-17 | 11.3 | 10.6 | 11.8 |
| July-17 | 11.6 | 11.8 | 11.4 |
| Aug-17 | 11.7 | 11.7 | 11.7 |
| Sept-17 | 11.9 | 11.2 | 12.5 |
| Oct-17 | 11.8 | 11.5 | 11.9 |
| Nov-17 | 11.1 | 10.5 | 11.8 |
| Dec-17 | 12.1 | 11.7 | 12.6 |
| Jan-18 | 11.9 | 11.7 | 12.1 |
| Feb-18 | 12.5 | 12.5 | 12.4 |
| Mar-18 | 12.6 | 11.7 | 13.7 |
| Apr-18 | 13.4 | 13 | 13.8 |
| May-18 | 12.4 | 11 | 13.9 |
| June-18 | 12 | 9 | 15.2 |
| July-18 | 9.9 | 7.4 | 12.7 |
| Aug-18 | 8.9 | 6.6 | 11.3 |
| Sep-18 | 8.5 | 6.4 | 10.7 |
| Oct-18 | 8.3 | 6.1 | 10.7 |
| Nov-18 | 7.1 | 5.1 | 9.2 |
| Dec-18 | 6.3 | 3.9 | 8.9 |
| Jan-19 | 5.2 | 2.7 | 7.9 |
| Feb-19 | 4.3 | 1.4 | 7.3 |
| Mar-19 | 3.8 | 0.9 | 6.8 |
| Apr-19 | 2.9 | 0.5 | 5.4 |
| May-19 | 2.6 | -0.1 | 5.3 |
| June-19 | 2 | 0.1 | 4 |
| July-19 | 2.2 | 0 | 4.4 |
| Aug-19 | 1.9 | -0.4 | 4.3 |
| Sep-19 | 1.1 | -1.1 | 3.4 |
| Oct-19 | 1 | -1.4 | 3.5 |
| Nov-19 | 1.1 | -1 | 3.3 |
| Dec-19 | 0.3 | -1.7 | 2.4 |
| Jan-20 | 1 | -0.5 | 2.6 |
| Feb-20 | 1 | -0.1 | 2.2 |
| Mar-20 | 0.9 | 0.6 | 1.3 |
| Apr-20 | 0.7 | 0.2 | 1.2 |
| May-20 | 0.3 | -0.2 | 0.9 |
| June-20 | 0 | -0.6 | 0.6 |
| July-20 | -0.7 | -1.4 | 0.1 |
| Aug-20 | -0.9 | -1.8 | -0.1 |
| Sep-20 | -0.8 | -1.8 | 0.2 |
| Oct-20 | -0.5 | -1.3 | 0.3 |
| Nov-20 | 0.4 | -0.6 | 1.3 |
| Dec-20 | 2.2 | 1.5 | 3 |
| Jan-21 | 2.5 | 0.9 | 3.9 |
| Feb-21 | 3 | 1.4 | 4.5 |
| Mar-21 | 3.5 | 2.3 | 4.7 |
| Apr-21 | 4.5 | 3.7 | 5.3 |
| May-21 | 5.4 | 4.8 | 6 |
| June-21 | 6.8 | 6.3 | 7.4 |
| July-21 | 8.5 | 8.1 | 8.9 |
| Aug-21 | 10.9 | 10.3 | 11.5 |
| Sep-21 | 12.4 | 11.5 | 13.2 |
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 that saw the largest rise in house prices was the Border at 21.9% - at the other end of the scale, the Mid-East saw an 10.7% rise. See Figure 1.2.
| Price Index | Annual percentage change |
|---|---|
| National - all residential properties | 12.4 |
| National - houses | 12.8 |
| National - apartments | 9.8 |
| Dublin - all residential properties | 11.5 |
| Dublin - houses | 12.4 |
| Dublin - apartments | 7.7 |
| Dublin City - houses | 14.1 |
| Dun Laoghaire-Rathdown - houses | 13.4 |
| Fingal - houses | 8.6 |
| South Dublin - houses | 12.8 |
| National excluding Dublin - all residential properties | 13.2 |
| National excluding Dublin - houses | 13 |
| National excluding Dublin - apartments | 15.1 |
| Border - houses | 21.9 |
| Midland - houses | 13.2 |
| West - houses | 14 |
| Mid-East - houses | 10.7 |
| Mid-West - houses | 13 |
| South-East - houses | 16.3 |
| South-West - houses | 11.9 |
Overall Decline
Overall, the national index is 7.4% lower than its highest level in 2007. Dublin residential property prices are 13.8% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 9.5% lower than their May 2007 peak.
Recovery
Property prices nationally have increased by 106.5% from their trough in early 2013. Dublin residential property prices have risen 113.5% from their February 2012 low, whilst residential property prices in the Rest of Ireland are 108.2% higher than at the trough, which was in May 2013. See Figure 1.3.
| Month | National | Dublin | Rest of Ireland |
|---|---|---|---|
| Jan-10 | 113.2 | 96.1 | 135.3 |
| Feb-10 | 111.4 | 93.9 | 133.7 |
| Mar-10 | 110 | 91.8 | 132.9 |
| Apr-10 | 109.4 | 91.6 | 131.8 |
| May-10 | 107.5 | 90.7 | 128.8 |
| Jun-10 | 106.3 | 89.5 | 127.8 |
| Jul-10 | 105.2 | 88.8 | 126.2 |
| Aug-10 | 104.9 | 89.3 | 125 |
| Sep-10 | 103.6 | 89.1 | 122.4 |
| Oct-10 | 101.9 | 87.7 | 120.2 |
| Nov-10 | 99.8 | 85.9 | 117.7 |
| Dec-10 | 98.3 | 84.4 | 116.3 |
| Jan-11 | 97.5 | 83.5 | 115.5 |
| Feb-11 | 95.6 | 81.8 | 113.4 |
| Mar-11 | 93.3 | 79.5 | 110.9 |
| Apr-11 | 92 | 78.9 | 108.9 |
| May-11 | 90.4 | 77.6 | 106.9 |
| Jun-11 | 89.1 | 76.5 | 105.3 |
| Jul-11 | 87.2 | 75.4 | 102.5 |
| Aug-11 | 85 | 73.9 | 99.4 |
| Sep-11 | 83.2 | 71.8 | 97.8 |
| Oct-11 | 81.7 | 70.4 | 96.3 |
| Nov-11 | 80.3 | 68.9 | 95.1 |
| Dec-11 | 79.1 | 67.6 | 93.9 |
| Jan-12 | 77.8 | 66.4 | 92.5 |
| Feb-12 | 76 | 64.6 | 90.8 |
| Mar-12 | 76.4 | 65.1 | 91.1 |
| Apr-12 | 75.2 | 64.8 | 88.7 |
| May-12 | 75 | 64.8 | 88.1 |
| Jun-12 | 74.8 | 65.1 | 87.3 |
| Jul-12 | 75.6 | 66.5 | 87.4 |
| Aug-12 | 75.7 | 67.4 | 86.6 |
| Sep-12 | 76.3 | 68.1 | 87 |
| Oct-12 | 76.6 | 68.8 | 86.8 |
| Nov-12 | 76.3 | 69.2 | 85.6 |
| Dec-12 | 76.6 | 70 | 85.3 |
| Jan-13 | 75.2 | 69.4 | 82.9 |
| Feb-13 | 74.4 | 68.2 | 82.5 |
| Mar-13 | 73.4 | 67.8 | 80.7 |
| Apr-13 | 73.7 | 68.6 | 80.5 |
| May-13 | 73.7 | 69.1 | 79.8 |
| Jun-13 | 75.6 | 71.6 | 80.9 |
| Jul-13 | 77.4 | 74.2 | 81.6 |
| Aug-13 | 78.5 | 76 | 81.8 |
| Sep-13 | 79.7 | 77.4 | 82.9 |
| Oct-13 | 80.2 | 77.9 | 83.4 |
| Nov-13 | 80.6 | 78.8 | 83 |
| Dec-13 | 81.5 | 79.8 | 84 |
| Jan-14 | 81.6 | 80.1 | 83.7 |
| Feb-14 | 82 | 80.5 | 84 |
| Mar-14 | 82.5 | 81.8 | 83.6 |
| Apr-14 | 84.3 | 84.2 | 84.6 |
| May-14 | 86.5 | 87.2 | 86 |
| Jun-14 | 89 | 90.8 | 87 |
| Jul-14 | 91.7 | 94.5 | 88.5 |
| Aug-14 | 93.6 | 96.6 | 90 |
| Sep-14 | 95.6 | 99 | 91.5 |
| Oct-14 | 96.6 | 99.5 | 93.1 |
| Nov-14 | 96.9 | 99.3 | 94.2 |
| Dec-14 | 96.2 | 97.9 | 94.3 |
| Jan-15 | 96.5 | 98.3 | 94.6 |
| Feb-15 | 96.2 | 97.9 | 94.5 |
| Mar-15 | 96.5 | 97.8 | 95.2 |
| Apr-15 | 97.3 | 97.9 | 96.7 |
| May-15 | 98.4 | 98.5 | 98.4 |
| Jun-15 | 100 | 99.9 | 100.1 |
| Jul-15 | 100.8 | 100.4 | 101.2 |
| Aug-15 | 102 | 101.4 | 102.6 |
| Sep-15 | 102.4 | 101.4 | 103.4 |
| Oct-15 | 103.5 | 102.6 | 104.5 |
| Nov-15 | 103.2 | 102.2 | 104.3 |
| Dec-15 | 103 | 101.6 | 104.4 |
| Jan-16 | 104 | 103.1 | 104.9 |
| Feb-16 | 103.4 | 102.3 | 104.4 |
| Mar-16 | 103.7 | 102.6 | 104.8 |
| Apr-16 | 104.3 | 103.2 | 105.5 |
| May-16 | 104.5 | 102.9 | 106.2 |
| Jun-16 | 105.6 | 103.1 | 108.2 |
| Jul-16 | 107.9 | 104.4 | 111.5 |
| Aug-16 | 109.4 | 106 | 112.9 |
| Sep-16 | 110.7 | 107.6 | 113.9 |
| Oct-16 | 111.2 | 107.9 | 114.7 |
| Nov-16 | 112.7 | 109.1 | 116.4 |
| Dec-16 | 112.2 | 108.4 | 116.2 |
| Jan-17 | 113 | 109 | 117.1 |
| Feb-17 | 113.3 | 109.3 | 117.5 |
| Mar-17 | 113.8 | 110 | 117.7 |
| Apr-17 | 114.2 | 109.2 | 119.5 |
| May-17 | 115.9 | 112 | 120 |
| June-17 | 117.5 | 114.1 | 120.9 |
| July-17 | 120.4 | 116.7 | 124.3 |
| Aug-17 | 122.2 | 118.4 | 126.2 |
| Sept-17 | 123.9 | 119.7 | 128.1 |
| Oct-17 | 124.3 | 120.3 | 128.4 |
| Nov-17 | 125.3 | 120.6 | 130.1 |
| Dec-17 | 125.9 | 121.1 | 130.8 |
| Jan-18 | 126.5 | 121.8 | 131.3 |
| Feb-18 | 127.4 | 122.9 | 132 |
| Mar-18 | 128.2 | 122.8 | 133.8 |
| Apr-18 | 129.5 | 123.3 | 136 |
| May-18 | 130.3 | 124.2 | 136.7 |
| June-18 | 131.6 | 124.4 | 139.3 |
| July-18 | 132.4 | 125.3 | 140 |
| Aug-18 | 133.1 | 126.3 | 140.4 |
| Sep-18 | 134.4 | 127.3 | 141.9 |
| Oct-18 | 134.7 | 127.7 | 142.1 |
| Nov-18 | 134.2 | 126.8 | 142.1 |
| Dec-18 | 133.8 | 125.8 | 142.4 |
| Jan-19 | 133.1 | 125.1 | 141.6 |
| Feb-19 | 132.9 | 124.7 | 141.6 |
| Mar-19 | 133 | 123.9 | 142.9 |
| Apr-19 | 133.3 | 123.9 | 143.4 |
| May-19 | 133.6 | 124.2 | 143.9 |
| June-19 | 134.2 | 124.5 | 144.8 |
| July-19 | 135.3 | 125.3 | 146.2 |
| Aug-19 | 135.7 | 125.8 | 146.5 |
| Sep-19 | 135.9 | 125.9 | 146.7 |
| Oct-19 | 136 | 125.9 | 147 |
| Nov-19 | 135.7 | 125.6 | 146.8 |
| Dec-19 | 134.2 | 123.6 | 145.9 |
| Jan-20 | 134.4 | 124.5 | 145.3 |
| Feb-20 | 134.2 | 124.6 | 144.8 |
| Mar-20 | 134.3 | 124.7 | 144.7 |
| Apr-20 | 134.2 | 124.2 | 145.1 |
| May-20 | 134.1 | 123.9 | 145.2 |
| June-20 | 134.2 | 123.7 | 145.7 |
| July-20 | 134.4 | 123.5 | 146.3 |
| Aug-20 | 134.5 | 123.6 | 146.4 |
| Sep-20 | 134.8 | 123.7 | 146.9 |
| Oct-20 | 135.4 | 124.3 | 147.5 |
| Nov-20 | 136.2 | 124.8 | 148.7 |
| Dec-20 | 137.2 | 125.4 | 150.2 |
| Jan-21 | 137.8 | 125.7 | 151 |
| Feb-21 | 138.3 | 126.4 | 151.2 |
| Mar-21 | 139 | 127.6 | 151.5 |
| Apr-21 | 140.2 | 128.8 | 152.8 |
| May-21 | 141.3 | 129.9 | 154 |
| June-21 | 143.4 | 131.6 | 156.4 |
| July-21 | 145.8 | 133.5 | 159.3 |
| Aug-21 | 149.2 | 136.3 | 163.2 |
| Sept-21 | 151.5 | 137.9 | 166.3 |
Note
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 PxStat
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