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Housing Pulse

Housing Pulse

January 2020

The Housing Pulse stood at 78.3 in January 2020, down 6.2 on last month’s reading. Households in all regions pared back their expectations for future house price gains this month, though the balance of positive and negative responses remained in the black across the board. The data also show that one in ten is planning on buying or building a property in the coming year. This month’s survey was carried out before the general election campaign got underway so it remains to be seen what impact the political parties’ policy proposals have on price expectations and housing demand.

Housing Pulse

January 2020

Key Points

  • Housing Pulse down in January
  • Three in four think it is cheaper to buy than rent
  • 27% to spend on home improvements in the next 12 months

Housing Pulse

January 2020

Housing Pulse

January 2020

78.3

-6.2 on previous index reading

Housing Pulse

January 2020

”Having picked up in November and December, the Housing Pulse reversed course this month.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

January 2020

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 29%
Stay more or less the same
38%
Decrease
1% to 5% 14%
> 5% 3%

Balance +20%

(-6 on previous reading)

Housing Pulse

January 2020

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 14%
1% to 5% 33%
Stay more or less the same
29%
Decrease
1% to 5% 17%
> 5% 4%

Balance +18%

(-6 on previous reading)

Housing Pulse

January 2020

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 28%
Stay more or less the same
40%
Decrease
1% to 5% 13%
> 5% 2%

Balance +21%

(-6 on previous reading)

Housing Pulse

January 2020

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 30%
Stay more or less the same
41%
Decrease
1% to 5% 10%
> 5% 3%

Balance +22%

(-6 on previous reading)

Housing Pulse

January 2020

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 24%
Stay more or less the same
44%
Decrease
1% to 5% 14%
> 5% 2%

Balance +16%

(-8 on previous reading)

Housing Pulse

January 2020

Rent Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 16%
1% to 5% 41%
Stay more or less the same
37%
Decrease
1% to 5% 3%
> 5% 1%

Balance +34%

(-4 on previous reading)

Housing Pulse

January 2020

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 21%
1% to 5% 46%
Stay more or less the same
29%
Decrease
1% to 5% 2%
> 5% 0%

Balance +42%

(-1 on previous reading)

Housing Pulse

January 2020

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 39%
Stay more or less the same
40%
Decrease
1% to 5% 3%
> 5% 1%

Balance +31

(-3 on previous reading)

Housing Pulse

January 2020

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 15%
1% to 5% 40%
Stay more or less the same
37%
Decrease
1% to 5% 4%
> 5% 1%

Balance +31%

(-9 on previous reading)

Housing Pulse

January 2020

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 13%
1% to 5% 36%
Stay more or less the same
45%
Decrease
1% to 5% 2%
> 5% 1%

Balance +29%

(-3 on previous reading)

Housing Pulse

January 2020

Housing National

boi063a_pdf_images_03a_infographic

Housing Pulse

January 2020

Housing Dublin

boi063a_pdf_images_03a_infographic

Housing Pulse

January 2020

Housing Rest of Leinster

Housing Pulse

January 2020

Housing Munster

boi063a_pdf_images_03a_infographic

Housing Pulse

January 2020

Housing Connacht/ Ulster