CSO Residential Property Price Index – December 2016 & Overall figures:
Per the official PPR there were 47,083 Property Purchases in 2016 as at 10/02/17.
Per BPFI there were 27,416 Mortgage Drawdowns in 2016. See here for details viewtopic.php?f=4&t=26451&p=814001
Therefore 41.8% of all Sales were Cash purchases to date in 2016.
This compares to 47.7% cash sales in 2015, 50.7% in 2014 and 52.3% in 2013.
As of September 2016 the Index has been updated to now cover all market purchases of houses and apartments by households, both cash and mortgage-based transactions. All previous figures have been revised using this new method to January 2005.
This index is a lagging indicator of the Irish mortgage market. These houses were probably Sale Agreed 3-6 months ago, depending on how long it took for the sale to go through. So it may no longer be reflective of current market conditions.