CSO Residential Property Price Index – March 2019 & Overall figures:
Per the official PPR there were 56,936 Property Purchases in 2018 as at 15/5/19.
Per BPFI there were 35,236 Mortgage Drawdowns in 2018. See here for details http://www.thepropertypin.com/viewtopic.php?f=4&t=26451&p=814001
Therefore 38.1% of all Sales were Cash purchases to date in 2018. This % usually increases slowly over time as the PPR is updated with stamp duty records.
This compares to 40.7% cash sales in 2017, 44.9% cash sales in 2016, 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.
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.