CSO Residential Property Price Index – August 2018 & Overall figures:
Per the official PPR there were 54,610 Property Purchases in 2017 as at 09/10/18.
Per BPFI there were 32,514 Mortgage Drawdowns in 2017. See here for details thepropertypin.com/viewtopic … 1&p=814001
Therefore 40.5% of all Sales were Cash purchases to date in 2017. This % usually increases slowly over time as the PPR is updated with stamp duty records.
This compares to 44.8% cash sales in 2017, 47.8% cash sales in 2015, 50.8% in 2014 and 52.4% 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.
In August 2017, the index was further revised back to Jan 2010. Those figures are used above.
cso.ie/en/releasesandpublica … ijune2017/
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.