Download Housing

Housing Pulse

Housing Pulse

December 2019

The Housing Pulse rose for a second month running in December 2019 to 84.6. This was 3.7 higher than the previous reading but 16.2 lower than the same time last year. The improvement in sentiment this month was broad based across the regions – households in Dublin, the Rest of Leinster, Munster and Connacht/Ulster all upped their expectations for future house price gains. The data also show that around one in seven thinks prices will increase by more than 5% in the coming year, with the figure for the capital a touch higher at one in five.

Housing Pulse

December 2019

Key Points

  • Housing Pulse up in December
  • Over two in five worried about rising house prices
  • Cost of renting a concern for 46%

Housing Pulse

December 2019

Housing Pulse

December 2019

84.6

+3.7 on previous index reading

Housing Pulse

December 2019

”The Housing Pulse picked up in December though it is still a long way off past highs.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

December 2019

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 37%
Stay more or less the same
32%
Decrease
1% to 5% 10%
> 5% 3%

Balance +26%

(+4 on previous reading)

Housing Pulse

December 2019

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 20%
1% to 5% 31%
Stay more or less the same
29%
Decrease
1% to 5% 15%
> 5% 4%

Balance +24%

(+3 on previous reading)

Housing Pulse

December 2019

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 39%
Stay more or less the same
33%
Decrease
1% to 5% 9%
> 5% 3%

Balance +27%

(+4 on previous reading)

Housing Pulse

December 2019

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 41%
Stay more or less the same
30%
Decrease
1% to 5% 8%
> 5% 2%

Balance +28%

(+5 on previous reading)

Housing Pulse

December 2019

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 10%
1% to 5% 40%
Stay more or less the same
38%
Decrease
1% to 5% 4%
> 5% 4%

Balance +24%

(+3 on previous reading)

Housing Pulse

December 2019

Rent Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 20%
1% to 5% 41%
Stay more or less the same
33%
Decrease
1% to 5% 2%
> 5% 1%

Balance +38%

(-1 on previous reading)

Housing Pulse

December 2019

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 24%
1% to 5% 44%
Stay more or less the same
26%
Decrease
1% to 5% 2%
> 5% 2%

Balance +43%

(-1 on previous reading)

Housing Pulse

December 2019

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 17%
1% to 5% 42%
Stay more or less the same
35%
Decrease
1% to 5% 3%
> 5% 2%

Balance +34%

(-1 on previous reading)

Housing Pulse

December 2019

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 20%
1% to 5% 43%
Stay more or less the same
33%
Decrease
1% to 5% 1%
> 5% 0%

Balance +40%

(+1 on previous reading)

Housing Pulse

December 2019

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 17%
1% to 5% 35%
Stay more or less the same
42%
Decrease
1% to 5% 2%
> 5% 1%

Balance +32%

(-4 on previous reading)