Market comment - Residential property transactions set to exceed €14bn in 2017

Davy Research
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Today’s Residential Property Price Index (RPPI) inflation data for November could show a relatively soft price gain, reflecting the quiet winter period. The bigger picture is that house price inflation has accelerated to 12%. Meanwhile, with residential transactions exceeding €4bn in Q4 2017, the strongest quarter since 2010, liquidity in the housing market is clearly improving amid signs that homebuilding is finally picking up.