Leo Varadkar (Dublin West, Fine Gael)
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Question 116: To ask the Tánaiste and Minister for Finance the value of all residential property here; and if he will make a statement on the matter. [16539/08]

Brian Cowen (Laois-Offaly, Fianna Fail)
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My Department does not compile the necessary information that would be required to answer the Deputy's specific question. One method of estimation would be to multiply the total number of residential dwellings by the average price of such dwellings. However, one must be cautious of drawing any conclusions from such an estimate, given the crude assumptions that would be required. The Department of the Environment, Heritage and Local Government publishes statistics regarding the stock of dwellings and average prices of new and second-hand dwellings. This information is available on their website at: http://www.environ.ie/en/Publications/StatisticsandRegularPublications/ HousingStatistics/