Written answers

Tuesday, 18 October 2011

Department of Justice, Equality and Defence

Housing Market

9:00 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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Question 359: To ask the Minister for Justice and Equality if he intends to create a register of the sale prices of all houses and apartments sold here to ensure greater transparency in the housing and auctioneering sectors; and if he will make a statement on the matter. [29586/11]

Photo of Alan ShatterAlan Shatter (Dublin South, Fine Gael)
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The Programme for Government contains a commitment to improve the quality of information available on the Irish housing market by requiring that the selling price of all dwellings be recorded in a publicly available national housing price database. I intend to give effect to this commitment by assigning statutory responsibility for publishing details of residential property sales prices to the Property Services Regulatory Authority. The Dáil Committee Stage of the Property Services (Regulation) Bill 2009, which provides for establishment of the Authority, is scheduled for tomorrow. I have tabled Committee Stage amendments to the Bill which will expand the Authority's statutory functions to include the publication of residential property sales prices. This information will be supplied to the Authority on an ongoing basis by the Revenue Commissioners who are in receipt of it for stamp duty purposes.

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