Mr. Owen Keegan:

I mentioned that we would publish a new data series at the end of July. It will be a profile of the register for the end of each quarter. I also briefly mentioned the work we started doing on analysing or tracking what happens in the event of properties being subject to noticed of termination. In terms of pricing, major work is under way by the ESRI to track pricing developments at individual property level. This will be useful because it will compare prices for the same property over time. This will allow us to begin to address exactly the extent to which rent pressure zone restrictions are having an impact - something we cannot quite do at the moment. We are looking at doing an exercise on scoping landlords' behaviour, identifying how many of them are exiting the market and the pattern of landlords exiting or re-entering the market.

An issue is emerging in terms of trying to track market rents. So many areas of the country are designated as RPZs that there is really no market rent, so we are looking at ways we can estimate what the market rent is. We hope to commence that work. There is one other piece of work we have planned. We produce a new tenancies rent index and an existing rent tenancies index. We are looking at the possibility of creating a composite all rented properties rent index. Work is under way in all those areas.