Written answers

Thursday, 5 May 2022

Department of Housing, Planning, and Local Government

House Prices

Photo of Peadar TóibínPeadar Tóibín (Meath West, Aontú)
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89. To ask the Minister for Housing, Planning, and Local Government the average percentage by which house prices and rent rates have increased in the State in each of the past five years and to date in 2022; if his attention has been drawn to any such statistics; and if he will make a statement on the matter. [21988/22]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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The Central Statistics Office (CSO) is responsible for the Residential Property Price Index (RPPI) and the data is freely available at: www.cso.ie/en/statistics/prices/residentialpropertypriceindex/.

Similarly, the Residential Tenancies Board (RTB) publishes the quarterly Rent Index report which is based on data from RTB tenancy registration records and is independently analysed by the Economic & Social Research Institute. The RTB Rent Index also provides rental indicators which track movements in rents for new tenancies in the Irish private rental sector. These reports are freely available at: www.rtb.ie/ .

Increasing supply is key to meeting demand and moderating house price inflation. Housing for All establishes ambitious targets and commits unprecedented levels of funding to increase the supply of social, affordable and private homes. The increase in supply envisioned under Housing for All will help meet demand and moderate property price increases, helping those who have ambitions to become homeowners to achieve this goal.

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