PTSB/ESRI for July


#1

[code]
Ireland July House Prices: Summary (Table)

By Joel Rinneby
Aug. 31 (Bloomberg) – Following is a summary of July Ireland
house prices from permanent tsb and ESRI in Dublin:
*T

                    July    June     May   April   March    Feb.    Jan.
                    2009    2009    2009    2009    2009    2009    2009

============================================================================
-------------------------- YoY -------------------------
National -12.5% -11.7% -10.9% -10.7% -10.0% -9.7% -9.8%
Dublin -17.1% -15.8% -14.8% -14.3% -14.2% -13.3% -12.4%
Outside Dublin -11.1% -10.4% -10.5% -10.8% -9.9% -9.5% -9.9%
New Houses -10.4% -10.5% -11.5% -11.1% -10.5% -9.2% -9.0%
Existing Houses -12.9% -11.8% -10.4% -11.7% -11.0% -11.3% -10.8%
First Time Buyers -19.2% -18.8% -17.6% -17.4% -14.3% -15.2% -13.5%
Second Time Buyers -9.7% -9.0% -8.6% -9.5% -9.8% -9.2% -8.9%
Commuter Counties n/a -18.8% -17.6% -17.8% -17.9% -17.8% -16.7%
3 Bed Semi n/a n/a n/a n/a n/a n/a n/a

============================================================================

                    July    June     May   April   March    Feb.    Jan.
                    2009    2009    2009    2009    2009    2009    2009

============================================================================
-------------------------- MoM -------------------------
National -1.1% -1.5% -1.3% -1.9% -1.0% -0.8% -1.4%
Dublin -2.2% -1.3% -2.2% -1.1% -1.2% -2.1% -1.4%
Outside Dublin -1.2% -0.7% -0.4% -1.7% -1.1% -0.9% -0.6%
New Houses -0.1% -0.3% -2.1% -2.6% -1.9% -0.6% -1.3%
Existing Houses -1.5% -1.9% -0.1% -1.5% -0.4% -1.0% -1.3%
First Time Buyers -0.9% -1.7% -1.4% -4.1% -0.3% -2.8% -0.8%
Second Time Buyers -1.1% -1.0% -0.5% -0.8% -1.1% -0.7% -1.9%
Commuter Counties n/a -2.8% -0.6% -1.4% -0.6% -2.3% -0.6%
3 Bed Semi n/a n/a n/a n/a n/a n/a n/a
--------------------- Price in EUR ---------------------
National 238,828 241,504 245,295 248,640 253,546 255,999 258,006
Dublin 312,822 319,754 323,973 331,206 334,822 339,042 346,274
Outside Dublin 209,485 211,965 213,491 214,445 218,261 220,741 222,649
New Houses 243,719 243,936 244,586 249,785 256,501 261,483 263,000
Existing Houses 237,847 241,444 246,165 246,390 250,212 251,111 253,584
First Time Buyers 198,411 200,193 203,560 206,530 215,440 216,034 222,371

                    July    June     May   April   March    Feb.    Jan.
                    2009    2009    2009    2009    2009    2009    2009

============================================================================
Second Time Buyers 275,894 278,917 281,689 283,200 285,468 288,743 290,759
Commuter Counties n/a 245,707 252,811 254,281 257,956 259,425 265,550
3 Bed Semi n/a n/a n/a n/a n/a n/a n/a
--------------------- Index Levels ---------------------
National 107.1 108.3 110.0 111.5 113.7 114.8 115.7
Dublin 103.8 106.1 107.5 109.9 111.1 112.5 114.9
Outside Dublin 109.8 111.1 111.9 112.4 114.4 115.7 116.7
New Houses 112.5 112.6 112.9 115.3 118.4 120.7 121.4
Existing Houses 105.8 107.4 109.5 109.6 111.3 111.7 112.8
First Time Buyers 100.2 101.1 102.8 104.3 108.8 109.1 112.3
Second Time Buyers 109.5 110.7 111.8 112.4 113.3 114.6 115.4
Commuter Counties n/a 100.3 103.2 103.8 105.3 105.9 108.4
3 Bed Semi n/a n/a n/a n/a n/a n/a n/a

NOTE: For the index, base year = 2003.
The commuter counties are Louth, Meath, Kildare and Wicklow.
3 Bed Semi shows the prices for 3 bedroom, semi-detached houses.

Source: permanent tsb, ESRI[/code]


#2

Interesting! Commuter counties data is now… NOT AVAILABLE. :open_mouth:


#3

In order for them to be commuter counties the people need to have work to commute to. :unamused:


#4

Looks like it went to -20% or index below 100 and they dare not publish it :nin

Dublin will be N/A in October at this rate


#5

This index was a joke on the way up

and it’s a joke on the way down


#6

Presumably it is the same logic as the three bedroom semi-ds, there are not enough transactions for a statistically valid sample sez dems… But dems don’t say how many transactions dems need! :open_mouth:


#7

Perhaps they need at least 1 transaction… could just be an indicator that tehre have been sfa transactions in commuter areas.


#8

n/a = “not advisable”


#9

Class
:laughing: :laughing:


#10

Wow , sample set too small in commuter counties now :open_mouth: , same as semis . I agree with TUG that is what an n/a means .


#11

Out of curiosity why do 3 bed semis get their own tab?


#12

they only make up around 40% of the market

Whey is n/a not interpreted as “the market has completely collapsed” by the media.


#13

Is there any overall average price graph including the month of July?


#14

People may find this useful,
irishpropertywatch.com/sales … use&Beds=3

some data is missing between March 08 and March 09. Put it down to a mistake rather than conspiracy!


#15

[statusgraph]3[/statusgraph]

No July or June as of yet… :cry:

C’mon statusireland!!! Shift it!! :stuck_out_tongue:


#16

They’ve swithced the point of contact from Niall O’Grady at PTSB to David Duffy at ERSI wonder why?

esri.ie/irish_economy/perman … i_house_p/


#17

Better sense of humour maybe? :open_mouth:


#18

PTSB = Prepares The Sound bites
ESRI = Enthusiastically Spouts Rogue Information

ahh now PTSB/ESRI makes sense.