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Housing Pulse

Housing Pulse

November 2020

The Housing Pulse stood at 71.7 in November 2020, up 6.9 on October’s reading but down 9.2 on a year ago. Households in Dublin, the Rest of Leinster, Munster and Connacht/Ulster were more upbeat about prospects for house prices this month, with the share expecting prices to increase over the next year coming in at 42%, more than double the share (20%) anticipating a fall. As for rent expectations, the balance of positive and negative responses was also in the black in all regions in November and a touch firmer at the national level on the month.

Housing Pulse

November 2020

Key Points

  • Housing Pulse up in November
  • House price expectations in positive territory
  • Same for rents

Housing Pulse

November 2020

Housing Pulse

November 2020

71.7

+6.9 on previous index reading

Housing Pulse

November 2020

”The Housing Pulse continued its upward trajectory in November, rising for a seventh consecutive month.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

November 2020

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 11%
1% to 5% 31%
Stay more or less the same
35%
Decrease
1% to 5% 13%
> 5% 7%

Balance +13%

(+7 on previous reading)

Housing Pulse

November 2020

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 10%
1% to 5% 29%
Stay more or less the same
35%
Decrease
1% to 5% 16%
> 5% 7%

Balance +10%

(+6 on previous reading)

Housing Pulse

November 2020

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 12%
1% to 5% 26%
Stay more or less the same
41%
Decrease
1% to 5% 13%
> 5% 4%

Balance +14%

(+7 on previous reading)

Housing Pulse

November 2020

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 10%
1% to 5% 34%
Stay more or less the same
33%
Decrease
1% to 5% 13%
> 5% 7%

Balance +14%

(+3 on previous reading)

Housing Pulse

November 2020

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 12%
1% to 5% 34%
Stay more or less the same
32%
Decrease
1% to 5% 12%
> 5% 10%

Balance +14%

(+14 on previous reading)

Housing Pulse

November 2020

Rent Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 30%
Stay more or less the same
42%
Decrease
1% to 5% 10%
> 5% 4%

Balance +19%

(+3 on previous reading)

Housing Pulse

November 2020

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 11%
1% to 5% 31%
Stay more or less the same
38%
Decrease
1% to 5% 13%
> 5% 5%

Balance +14%

(+4 on previous reading)

Housing Pulse

November 2020

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 28%
Stay more or less the same
46%
Decrease
1% to 5% 8%
> 5% 2%

Balance +21%

(+5 on previous reading)

Housing Pulse

November 2020

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 30%
Stay more or less the same
42%
Decrease
1% to 5% 10%
> 5% 5%

Balance +18%

(-5 on previous reading)

Housing Pulse

November 2020

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 30%
Stay more or less the same
43%
Decrease
1% to 5% 6%
> 5% 3%

Balance +24%

(+9 on previous reading)