Written answers

Tuesday, 18 September 2012

Department of Environment, Community and Local Government

Departmental Expenditure

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Environment, Community and Local Government the annual cost of producing the average house price series by his Department; the justification for this expenditure in view of the Central Statistics Office monthly Residential Property Price Index. [38534/12]

Photo of Jan O'SullivanJan O'Sullivan (Limerick City, Labour)
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My Department collates and publishes a wide range of housing and planning statistics that inform the preparation and evaluation of policy, and those data are available on my Department’s website . The average house price series dates back to the 1970s and is the longest extant Irish house price data series. The series provides a simple average of prices with a breakdown between the main urban areas. Unlike the Central Statistics Office’s Residential Property Price Index the series is not mix-adjusted to take account of the different types of property sold. While there is a minor marginal cost to the Department in producing this series it is considered that, taking into account the historical continuity that it represents, it is worthwhile to maintain the series.

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