Download Housing

Housing Pulse

Housing Pulse

June 2018

The Housing Pulse gave up some ground in June 2018, coming in at 113.8. This was down 2.8 on last month but broadly unchanged on a year ago. Expectations remain in firm positive territory however, with 76% of survey respondents expecting house prices to increase in the next 12 months and 73% expecting rents to go up. Rising prices and the cost of renting are at the top of the worry list for younger households and may be influencing the higher incidence of savings among this cohort – almost nine in ten 16-29 year olds are planning on putting money aside in the next 12 months.

Housing Pulse

June 2018

Key Points

  • Housing Pulse down in June
  • Softer readings in all regions bar Connacht/Ulster
  • Majority still expect house price gains

Housing Pulse

June 2018

Housing Pulse

June 2018

113.8

-2.8 on previous index reading

Housing Pulse

June 2018

“The June survey finds that 37% of households are worried about rising house prices, while 43% are concerned about the cost of renting.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

June 2018

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 38%
1% to 5% 38%
Stay more or less the same
18%
Decrease
1% to 5% 2%
> 5% 1%

Balance +55%

(-3 on previous reading)

Housing Pulse

June 2018

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 50%
1% to 5% 35%
Stay more or less the same
11%
Decrease
1% to 5% 1%
> 5% 1%

Balance +66%

(-1 on previous reading)

Housing Pulse

June 2018

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 36%
1% to 5% 39%
Stay more or less the same
19%
Decrease
1% to 5% 1%
> 5% 2%

Balance +54%

(-2 on previous reading)

Housing Pulse

June 2018

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 31%
1% to 5% 43%
Stay more or less the same
20%
Decrease
1% to 5% 3%
> 5% 1%

Balance +49%

(-11 on previous reading)

Housing Pulse

June 2018

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 32%
1% to 5% 36%
Stay more or less the same
27%
Decrease
1% to 5% 2%
> 5% 1%

Balance +48%

(+5 on previous reading)

Housing Pulse

June 2018

Rent Expectations National

Next 12 Months

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

Balance +51%

(+1 on previous reading)

Housing Pulse

June 2018

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 36%
1% to 5% 43%
Stay more or less the same
15%
Decrease
1% to 5% 1%
> 5% 1%

Balance +57%

(-1 on previous reading)

Housing Pulse

June 2018

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 30%
1% to 5% 46%
Stay more or less the same
21%
Decrease
1% to 5% 0%
> 5% 1%

Balance +53%

(+4 on previous reading)

Housing Pulse

June 2018

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 25%
1% to 5% 43%
Stay more or less the same
27%
Decrease
1% to 5% 1%
> 5% 0%

Balance +46%

(-7 on previous reading)

Housing Pulse

June 2018

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 32%
1% to 5% 33%
Stay more or less the same
31%
Decrease
1% to 5% 0%
> 5% 0%

Balance +48%

(+14 on previous reading)