Download Housing

Housing Pulse

Housing Pulse

June 2019

The Housing Pulse resumed its downward trend in June 2019, coming in at 99.4. Households pared back their expectations for future house price gains this month, but with the number of units being completed still lagging the number needed, the balance of responses remained in positive territory in all parts of the country. On the supply side, the June survey finds that over two in five builders are finding it difficult to get workers and that uncertainty – related to Brexit among other things – is also holding back activity.

Housing Pulse

June 2019

Key Points

  • Housing Pulse softer in June
  • Two thirds expect house prices to increase over the next 12 months
  • 68% think rents will go up

Housing Pulse

June 2019

Housing Pulse

June 2019

99.4

-3.2 on previous index reading

Housing Pulse

June 2019

”The annual rate of house price growth has eased over the past while, as have house price expectations which dipped again in June.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

June 2019

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 25%
1% to 5% 41%
Stay more or less the same
26%
Decrease
1% to 5% 6%
> 5% 2%

Balance +41%

(-3 on previous reading)

Housing Pulse

June 2019

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 29%
1% to 5% 36%
Stay more or less the same
24%
Decrease
1% to 5% 9%
> 5% 3%

Balance +40%

(-8 on previous reading)

Housing Pulse

June 2019

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 21%
1% to 5% 47%
Stay more or less the same
25%
Decrease
1% to 5% 5%
> 5% 1%

Balance +41%

(-2 on previous reading)

Housing Pulse

June 2019

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 25%
1% to 5% 40%
Stay more or less the same
26%
Decrease
1% to 5% 5%
> 5% 2%

Balance +40%

(-4 on previous reading)

Housing Pulse

June 2019

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 25%
1% to 5% 42%
Stay more or less the same
28%
Decrease
1% to 5% 4%
> 5% 1%

Balance +43%

(+5 on previous reading)

Housing Pulse

June 2019

Rent Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 26%
1% to 5% 42%
Stay more or less the same
28%
Decrease
1% to 5% 1%
> 5% 0%

Balance +45%

(+3 on previous reading)

Housing Pulse

June 2019

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 29%
1% to 5% 45%
Stay more or less the same
23%
Decrease
1% to 5% 1%
> 5% 0%

Balance +51%

(+4 on previous reading)

Housing Pulse

June 2019

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 22%
1% to 5% 42%
Stay more or less the same
29%
Decrease
1% to 5% 2%
> 5% 0%

Balance +41%

(-1 on previous reading)

Housing Pulse

June 2019

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 27%
1% to 5% 41%
Stay more or less the same
27%
Decrease
1% to 5% 1%
> 5% 1%

Balance +46%

(+5 on previous reading)

Housing Pulse

June 2019

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 22%
1% to 5% 39%
Stay more or less the same
33%
Decrease
1% to 5% 1%
> 5% 0%

Balance +41

(+4 on previous reading)