House Price Register ...?

Molly Bloom

Registered User
Messages
40
Just wondering if the long-overdue House Price Register will actually be up and running over the summer months ......?

Does anyone on AAM have up-to-the-minute info on this?

Many thanks, Molly
 
The Property Services Regulatory Authority just got setup and they are meant to be handling things - http://www.npsra.ie
I somehow doubt the June launch date will be met unless they keep the information vague and use the Revenue data. Remember the revenue has a list of all sales since the stamp duty changes.
 
It has been delayed :-(
Please see thepropertypin.com/viewtopic.php?f=4&t=32161&start=615 for more.
 
Thanks, guys, for your responses.

I can't help but wonder at the delay - it doesn't seem like the most complicated thing in the world to set up .....

Molly
 
Vested interests and all that, Nama being the largest one. Although strange as it might seem, we all have a vested interest in property prices given that we own some banks these days.

It is kind of strange that for the good of the country, house prices should drop. Lower housing prices mean lower costs of living giving people more disposable income which should mostly flush back into the economy.

---or---

It is kind of strange that for the good of the country, house prices should rise. Higher housing prices mean we increase less of a hit on the banks, both in their existing debt via Nama and via the upcoming debt on their deleveraging targets. This means less taxes giving people more disposable income which should mostly flush back into the economy.