Jan O'Sullivan (Limerick East, Labour)
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Question 103: To ask the Minister for the Environment, Heritage and Local Government the progress that has been made on the establishment of a national house price database; and if he will make a statement on the matter. [37432/10]

Michael Finneran (Roscommon-South Leitrim, Fianna Fail)
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To take account of the lack of reliable sales prices in the case of residential property, and accurate information on market rents and other terms, including rent review clauses, in the case of commercial leases, the Government made a commitment in the renewed Programme for Government to create and maintain a comprehensive register in respect of commercial and residential property transactions.

Following close consideration by my Department and the Department of Justice and Law Reform in relation to the shape that such a register might take, the Minister for Justice and Law Reform now intends to bring forward amendments to the Property Services (Regulation) Bill 2009 in due course to give the Property Services Regulatory Authority the statutory function of publishing details of both residential sales prices and commercial leases, including rent review clauses.