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 Post subject: Re: CSO Residential Property Price Index - megathread
PostPosted: Tue Sep 12, 2017 5:10 pm 
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CSO Residential Property Price Index – July 2017 & Overall figures:

http://www.cso.ie/en/releasesandpublica ... xjuly2017/

Image

Notes:
1. Per the official PPR there were 49,473 Property Purchases in 2016 as at 12/09/17.
Per BPFI there were 27,416 Mortgage Drawdowns in 2016. See here for details viewtopic.php?f=4&t=26451&p=814001
Therefore 44.6% of all Sales were Cash purchases to date in 2016.
This compares to 47.7% cash sales in 2015, 50.8% in 2014 and 52.3% in 2013.

2. As of September 2016 the Index has been updated to now cover all market purchases of houses and apartments by households, both cash and mortgage-based transactions. All previous figures have been revised using this new method to January 2005.
In August 2017, the index was further revised back to Jan 2010. Those figures are used above.
http://www.cso.ie/en/releasesandpublica ... ijune2017/

3. This index is a lagging indicator of the Irish mortgage market. These houses were probably Sale Agreed 3-6 months ago, depending on how long it took for the sale to go through. So it may no longer be reflective of current market conditions.


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 Post subject: Re: CSO Residential Property Price Index - megathread
PostPosted: Sat Oct 14, 2017 12:43 am 
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I know it has symbolic significance only, but the just-released index for August shows the Dublin residential market hitting the 100 level (and Dublin houses at 104) for the first time since the crash. The index is arbitrarily normalised to Jan 2005. So we just have a bit to go to regain the heady heights of total bubble territory. At current rates it will take another three years to grow the last 35 points, instead of the 18 months it took last time.

But sure as shit, we're getting there! 8DD XX

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 Post subject: Re: CSO Residential Property Price Index - megathread
PostPosted: Wed Nov 08, 2017 9:31 pm 
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Dublin residential prices in September's RPPI are just a notch away from 2008 levels ... currently matching January 2009.

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 Post subject: Re: CSO Residential Property Price Index - megathread
PostPosted: Fri Nov 10, 2017 3:10 pm 
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Neo Landlord

Joined: Aug 26, 2012
Posts: 273
ps200306 wrote:
Dublin residential prices in September's RPPI are just a notch away from 2008 levels ... currently matching January 2009.


id have thought they are considerably above 2008 levels as the drop by end of 2008 was at least 35% from the peak of spring 2007


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 Post subject: Re: CSO Residential Property Price Index - megathread
PostPosted: Wed Nov 15, 2017 6:11 pm 
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Forgot to post this last month...

CSO Residential Property Price Index – August 2017 & Overall figures:

http://www.cso.ie/en/releasesandpublica ... ugust2017/
Image


Notes:
1. Per the official PPR there were 23,292 Property Purchases in Q1-Q2 2017 as at 17/10/17.
Per BPFI there were 13,958 Mortgage Drawdowns in Q1-Q2 2017. See here for details viewtopic.php?f=4&t=26451&p=814001
Therefore 40.1% of all Sales were Cash purchases to date in 2017. This % usually increases slowly over time as the PPR is updated with stamp duty records.
This compares to 44.6% cash sales in 2017, 47.7% cash sales in 2015, 50.8% in 2014 and 52.3% in 2013.

2. As of September 2016 the Index has been updated to now cover all market purchases of houses and apartments by households, both cash and mortgage-based transactions. All previous figures have been revised using this new method to January 2005.
In August 2017, the index was further revised back to Jan 2010. Those figures are used above.
http://www.cso.ie/en/releasesandpublica ... ijune2017/

3. This index is a lagging indicator of the Irish mortgage market. These houses were probably Sale Agreed 3-6 months ago, depending on how long it took for the sale to go through. So it may no longer be reflective of current market conditions.


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 Post subject: Re: CSO Residential Property Price Index - megathread
PostPosted: Wed Nov 15, 2017 6:24 pm 
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Too Big to Fail
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Joined: Aug 20, 2009
Posts: 4912
CSO Residential Property Price Index – September 2017 & Overall figures:

http://www.cso.ie/en/releasesandpublica ... ember2017/
Image


Notes:
1. Per the official PPR there were 37,344 Property Purchases in Q1-Q3 2017 as at 09/11/17.
Per BPFI there were 22,852 Mortgage Drawdowns in Q1-Q3 2017. See here for details viewtopic.php?f=4&t=26451&p=814001
Therefore 38.8% of all Sales were Cash purchases to date in 2017. This % usually increases slowly over time as the PPR is updated with stamp duty records.
This compares to 44.6% cash sales in 2017, 47.7% cash sales in 2015, 50.8% in 2014 and 52.3% in 2013.

2. As of September 2016 the Index has been updated to now cover all market purchases of houses and apartments by households, both cash and mortgage-based transactions. All previous figures have been revised using this new method to January 2005.
In August 2017, the index was further revised back to Jan 2010. Those figures are used above.
http://www.cso.ie/en/releasesandpublica ... ijune2017/

3. This index is a lagging indicator of the Irish mortgage market. These houses were probably Sale Agreed 3-6 months ago, depending on how long it took for the sale to go through. So it may no longer be reflective of current market conditions.


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