Housing loan growth slows as interest rates and property prices surge
Recent data from the RBI on gross bank credit by major sectors shows that the year-on-year growth in housing loans was 13.1 per cent in August 2024, a steep drop from 40.5 per cent in August 2023.
Property prices rise across cities fuelled by demand, costs, rental yields
Residential property prices: selected series (nominal and real)
Global real residential property prices rose 1.4% year/year in aggregate in Q3 2019, reflecting subdued developments both in advanced (+ 1.5%) and emerging market economies (+ 1.3%).
Residential property prices: detailed series (nominal)
Commercial property prices
Monthly and annual data have been updated for 60 countries. The average length of the monthly series is more than to 55 years. Some annual series go back to the middle of the 19th century - or even earlier for several countries.
Ireland Residential Property Prices
Housing Index in Ireland decreased to 134.30 points in February from 134.50 points in January of 2020. Housing Index in Ireland averaged 116.76 points from 2005 until 2020, reaching an all time high of 163.60 points in April of 2007 and a record low of 73.40 points in March of 2013. In Ireland, the housing index refers to the Residential Property Price Index (RPPI) and it is designed to measure the change in the average level of prices paid for residential properties sold in the country. The RPPI is compiled using data on mortgage drawdowns provided on a monthly basis by 8 of the main Mortgage Lending Institutions under Section 13 of the Housing Act (2002). It is transactions based; meaning that prices are recorded only where a sale occurs. Not all residential property transactions are funded by a mortgage (i.e. They are cash based) and these transactions are excluded from the scope of the index. This page provides the latest reported value for - Ireland Residential Property Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Property prices remain stable in March but long-term hit from the coronavirus yet to filter through
The typical home value was £240,384 in March, according to the Halifax index - meaning prices were at a standstill last month. It remains to been if they hold-up during the coronavirus outbreak.
Thriving social scene can in a town can add 10% to property prices
As thousands of country pubs, shops and post offices have shut down over the past few decades, loneliness has become an increasingly serious problem for village folk.