The house price ratio in Ireland fluctuated between 2012 and 2023. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Ireland's index score in the second quarter of 2023 amounted to 117.3, which means that house price growth has outpaced income growth by almost 17 percent since 2015. This was higher than the
House price to income ratio in Ireland from 1st quarter 2012 to 2nd quarter 2023
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OECD. (September 14, 2023). House price to income ratio in Ireland from 1st quarter 2012 to 2nd quarter 2023 [Graph]. In Statista. Retrieved May 11, 2024, from https://www.statista.com/statistics/591841/house-price-to-income-ratio-ireland/
OECD. "House price to income ratio in Ireland from 1st quarter 2012 to 2nd quarter 2023." Chart. September 14, 2023. Statista. Accessed May 11, 2024. https://www.statista.com/statistics/591841/house-price-to-income-ratio-ireland/
OECD. (2023). House price to income ratio in Ireland from 1st quarter 2012 to 2nd quarter 2023. Statista. Statista Inc.. Accessed: May 11, 2024. https://www.statista.com/statistics/591841/house-price-to-income-ratio-ireland/
OECD. "House Price to Income Ratio in Ireland from 1st Quarter 2012 to 2nd Quarter 2023." Statista, Statista Inc., 14 Sep 2023, https://www.statista.com/statistics/591841/house-price-to-income-ratio-ireland/
OECD, House price to income ratio in Ireland from 1st quarter 2012 to 2nd quarter 2023 Statista, https://www.statista.com/statistics/591841/house-price-to-income-ratio-ireland/ (last visited May 11, 2024)
House price to income ratio in Ireland from 1st quarter 2012 to 2nd quarter 2023 [Graph], OECD, September 14, 2023. [Online]. Available: https://www.statista.com/statistics/591841/house-price-to-income-ratio-ireland/