Yesterday’s Residential Property Price Index (RPPI) data showed a fourth consecutive monthly drop, by -0.1% in February, with annual inflation now running at 4.3%. The slowdown has mainly reflected the capital, Dublin (1.4%), with inflation in the rest of Ireland still at 7.5%. We think prices will rise by 4% through 2019 given a solid 2% increase in asking prices in Q1.
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J & E Davy, trading as Davy, is regulated by the Central Bank of Ireland. Davy is a member of the Irish Stock Exchange, the London Stock Exchange and Euronext. In the UK, Davy is authorised by the Central Bank of Ireland and authorised and subject to limited regulation by the Financial Conduct Authority. Details about the extent of our authorisation and regulation by the Financial Conduct Authority are available from us on request.