Davy Research

Irish economy

Irish house price inflation at 12% in August

DAVY VIEW

Today’s Residential Property Price Index (RPPI) shows another sharp 2.2% rise in August, with annual inflation now at 12.2%, broadly spread across Ireland. Underlying double-digit house price growth is rising leverage in the mortgage market. However, with loan-to-income multiples still well below the 3.5x regulatory threshold, the mortgage market is likely to sustain strong house price growth through 2018.

Download full report with analyst certification and important disclosures
Download
Download full report with analyst certification and important disclosures
Download

Analyst(S)

JUMP TO