Property
In 2007 the Irish property bubble burst. Here we present various statistics related to Irish property.
The RPPI is measures the change in the average level of prices paid for residential properties sold in Ireland.
This House Price graph shows the property price statistics for the Dublin, National & Outside Dublin areas in Euro.
In 2007 there were over 100,000 housing units completed. In 2008 this figure was just over 50,000.
Similar in many ways to Ireland today, Finland saw a dramatic collapse in housing prices in the late 80's and early 90's.
Japan has seen a steady decline in prices for propery for over a decade.
Based on asking rents for properties advertised to let on Daft.ie this index is one of the best indicators of house prices in Ireland.