Press Statement

Preasráiteas

19 January 2022

Go to release: Residential Property Price Index November 2021

The Central Statistics Office (CSO) has today (19 January 2022) published the Residential Property Price Index (RPPI) November 2021.

Commenting on the release, Viacheslav Voronovich, Statistician, said: “Residential property prices rose by 14% in the 12 months to November 2021, up from 13.3% in October. In Dublin, residential property prices saw an increase of 12.8%, while property prices outside Dublin were 15% higher.

In Dublin, house prices increased by 13.5% and apartment prices increased by 9.7%. The highest house price growth in Dublin was in Dún Laoghaire-Rathdown at 15.5%, while Fingal saw a rise of 10.8%.

Outside Dublin, house prices were up by 14.8% and apartment prices up by 17.5%. The region outside of Dublin that saw the largest rise in house prices was the Border at 23.4%, while at the other end of the scale, the Mid-East and the Mid-West saw a 12.6% rise.

Existing dwellings accounted for 3,798 (83.2%) of the dwelling purchases filed with the Revenue Commissioners in November 2021, the balance of 768 (16.8%) were new dwellings.

Households paid a median price of €276,000 for a residential property in the 12 months to November 2021. The lowest median price paid for a dwelling was €129,000 in Longford, while the highest was €590,00 in Dún Laoghaire-Rathdown.”

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