-5.5 on previous index reading
The Housing Pulse fell for a fifth month running in October 2018, to 101.5. While two in three households think that prices will rise in the next 12 months, the share expecting increases in excess of 5% has been trending down over the past year, weighing on the headline index. This cooling in expectations is mirrored in developments on the ground, with data from the CSO showing a softening in house price inflation in recent months as supply ticks up (albeit by less than is needed) and the market adjusts to the Central Bank’s mortgage rules.
