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Housing Pulse

Housing Pulse

September 2022

The Housing Pulse came in at 99.8 in September 2022, down 1.6 on last month and 19.1 lower than a year ago. Survey respondents pared back their expectations for future house price gains this month, but with demand continuing to outstrip supply, 65% still think they will increase over the coming year (versus 68% in August). Housing infrastructure is important from a quality of life standpoint and also has a role to play in facilitating new ways of working and attracting staff from abroad, meaning investment in this area is relevant for firms as well as households.

Housing Pulse

September 2022

Key Points

  • Housing Pulse softer in September
  • ECB interest rate hikes underway
  • House price expectations stay positive

Housing Pulse

September 2022

Housing Pulse

September 2022

99.8

-1.6 on previous index reading

Housing Pulse

September 2022

”Housing infrastructure remains the number one priority area for investment.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

September 2022

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 34%
1% to 5% 31%
Stay more or less the same
21%
Decrease
1% to 5% 6%
> 5% 5%

Balance +41%

(-2 on previous reading)

Housing Pulse

September 2022

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 38%
1% to 5% 31%
Stay more or less the same
19%
Decrease
1% to 5% 7%
> 5% 4%

Balance +47%

(+1 on previous reading)

Housing Pulse

September 2022

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 27%
1% to 5% 35%
Stay more or less the same
21%
Decrease
1% to 5% 5%
> 5% 7%

Balance +35%

(-6 on previous reading)

Housing Pulse

September 2022

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 36%
1% to 5% 27%
Stay more or less the same
24%
Decrease
1% to 5% 6%
> 5% 4%

Balance +43%

(-2 on previous reading)

Housing Pulse

September 2022

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 32%
1% to 5% 31%
Stay more or less the same
20%
Decrease
1% to 5% 8%
> 5% 6%

Balance +38%

(+2 on previous reading)

Housing Pulse

September 2022

Rent Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 37%
1% to 5% 35%
Stay more or less the same
21%
Decrease
1% to 5% 1%
> 5% 2%

Balance +53%

(0 on previous reading)

Housing Pulse

September 2022

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 37%
1% to 5% 37%
Stay more or less the same
18%
Decrease
1% to 5% 2%
> 5% 3%

Balance +52%

(-5 on previous reading)

Housing Pulse

September 2022

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 35%
1% to 5% 37%
Stay more or less the same
23%
Decrease
1% to 5% 1%
> 5% 2%

Balance +51%

(+4 on previous reading)

Housing Pulse

September 2022

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 38%
1% to 5% 33%
Stay more or less the same
22%
Decrease
1% to 5% 1%
> 5% 2%

Balance +52%

(-3 on previous reading)

Housing Pulse

September 2022

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 42%
1% to 5% 31%
Stay more or less the same
23%
Decrease
1% to 5% 1%
> 5% 0%

Balance +57%

(+5 on previous reading)