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Housing Pulse

Housing Pulse

January 2018

At 117.2 in January 2018, the Housing Pulse was more or less flat on the month, though it was 5.8 higher than this time last year. House price inflation picked up during 2017 and further increases are expected this year as demand continues to outpace supply. The rental market is also under pressure, and with rents now well above their previous peak (in contrast to house prices), 71% think it is cheaper to buy than rent in their area. On the home improvements front, 29% indicated that they are likely to spend a large sum of money on doing up or renovating a property over the coming 12 months.

Housing Pulse

January 2018

Key Points

  • Housing Pulse little changed in January
  • 48% consider it a good time to buy
  • 59% think it is a good time to sell

Housing Pulse

January 2018

Housing Pulse

January 2018

117.2

+0.3 on previous index reading

Housing Pulse

January 2018

”The majority of Dublin households expect house prices and rents to increase in the next 12 months. The same goes for households outside of the capital.”

Dr Loretta O'Sullivan
Group Chief Economist
Bank of Ireland

Housing Pulse

January 2018

House Price Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 39%
1% to 5% 40%
Stay more or less the same
16%
Decrease
1% to 5% 1%
> 5% 0%

Balance +58%

(0 on previous reading)

Housing Pulse

January 2018

House Price Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 48%
1% to 5% 40%
Stay more or less the same
7%
Decrease
1% to 5% 2%
> 5% 0%

Balance +67%

(-2 on previous reading)

Housing Pulse

January 2018

Price Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 42%
1% to 5% 40%
Stay more or less the same
15%
Decrease
1% to 5% 1%
> 5% 0%

Balance +61%

(+4 on previous reading)

Housing Pulse

January 2018

House Price Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 34%
1% to 5% 44%
Stay more or less the same
20%
Decrease
1% to 5% 1%
> 5% 0%

Balances +55%

(-2 on previous reading)

Housing Pulse

January 2018

Price Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 29%
1% to 5% 37%
Stay more or less the same
26%
Decrease
1% to 5% 3%
> 5% 1%

Balance +46%

(+2 on previous reading)

Housing Pulse

January 2018

Rent Expectations National

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 32%
1% to 5% 39%
Stay more or less the same
24%
Decrease
1% to 5% 1%
> 5% 0%

Balance +51%

(-1 on previous reading)

Housing Pulse

January 2018

Rent Expectations Dublin

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 42%
1% to 5% 40%
Stay more or less the same
15%
Decrease
1% to 5% 0%
> 5% 0%

Balance +61%

(-1 on previous reading)

Housing Pulse

January 2018

Rent Expectations Rest of Leinster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 33%
1% to 5% 33%
Stay more or less the same
28%
Decrease
1% to 5% 1%
> 5% 1%

Balance +49%

(-1 on previous reading)

Housing Pulse

January 2018

Rent Expectations Munster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 28%
1% to 5% 42%
Stay more or less the same
25%
Decrease
1% to 5% 1%
> 5% 0%

Balance +49%

(-3 on previous reading)

Housing Pulse

January 2018

Rent Expectations Connacht / Ulster

Next 12 Months

Change Response
Shape Created with Sketch. Increase
> 5% 22%
1% to 5% 40%
Stay more or less the same
33%
Decrease
1% to 5% 2%
> 5% 0%

Balance +41%

(+5 on previous reading)

Housing Pulse

January 2018

Housing National

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Housing Pulse

January 2018

Housing Dublin

boi063a_pdf_images_03a_infographic

Housing Pulse

January 2018

Housing Rest of Leinster

Untitled

Housing Pulse

January 2018

Housing Munster

boi063a_pdf_images_03a_infographic

Housing Pulse

January 2018

Housing Connacht/ Ulster

boi063a_pdf_images_03a_infographic