national house price index - Permanent TSB Group

8354-houseprice index 06/11/2007 14:14 Page 3REPUBLIC OF IRELANDREGIONAL HOUSE PRICE ANALYSIS1996/2003/2004/2005/2006Average House Prices1996 Growth 2003 Growth 2004 Growth 2005 Growth 2006€ ‘96-’03 € ‘03-’04 € ‘04-’05 € ‘05-’06 €Dublin* 92,342 233% 307,343 9% 334,822 10% 368,576 16% 427,343Wicklow 84,763 240% 287,801 9% 313,547 11% 347,158 12% 388,827Cork City 76,855 217% 243,766 13% 276,267 11% 306,117 14% 348,806Kildare 80,371 228% 263,610 10% 289,306 6% 307,589 10% 337,757Meath 86,152 180% 241,470 12% 269,606 10% 296,508 14% 336,959Cork County 73,114 198% 218,038 16% 252,850 12% 284,355 12% 317,973Galway 92,588 160% 240,831 11% 267,920 7% 286,478 10% 314,801Louth 66,753 210% 206,713 11% 228,943 14% 259,892 17% 303,533Wexford 65,953 188% 189,910 14% 216,673 13% 244,042 18% 289,128Kilkenny 72,218 191% 210,187 9% 228,282 14% 260,992 11% 288,554Monaghan 83,813 142% 202,725 13% 228,654 14% 260,559 10% 285,798Westmeath 67,922 189% 196,428 12% 220,864 11% 245,664 16% 284,036Waterford 64,609 213% 202,494 14% 229,873 6% 244,629 11% 271,324Kerry 67,874 183% 192,180 15% 220,484 15% 253,673 7% 270,492Clare 69,330 189% 200,195 10% 220,652 11% 244,415 8% 263,883Cavan 67,626 169% 181,683 14% 206,993 14% 236,749 11% 262,954Offaly 61,146 197% 181,852 15% 209,208 9% 227,470 15% 262,484Leitrim 66,077 173% 180,638 9% 196,800 2% 199,827 29% 257,816Sligo 75,801 178% 211,020 10% 231,582 4% 241,217 6% 256,602Laois 57,090 225% 185,415 15% 212,982 6% 225,231 14% 256,340Limerick 72,940 173% 199,092 9% 217,208 7% 231,332 10% 254,557Carlow 61,041 229% 200,719 9% 218,291 9% 237,685 7% 253,908Roscommon 75,129 148% 186,208 7% 198,533 12% 221,509 12% 247,087Mayo 69,838 160% 181,449 14% 207,091 11% 229,121 8% 246,460Tipperary 57,006 213% 178,501 12% 199,526 13% 225,415 9% 246,094Longford 67,986 169% 183,123 5% 193,106 11% 214,527 7% 230,096Donegal 61,463 181% 172,408 16% 199,973 3% 205,155 9% 223,237* Dublin city and county combined index pricesAnalysis of 1st Time Buyers by RegionIndex levels 2003 = 100OutsideDublin QoQ YoY Dublin QoQ YoY2004Q4 274.1 -0.5% 9.5% 209.3 0.6% 8.3%2005Q1 278.7 1.7% 7.3% 210.6 0.7% 7.3%2005Q2 291.6 4.6% 10.0% 217.0 3.0% 7.7%2005Q3 296.2 1.6% 7.6% 223.3 2.9% 7.4%2005Q4 307.4 3.8% 12.2% 233.2 4.4% 11.5%2006Q1 323.2 5.1% 16.0% 239.9 2.9% 13.9%2006Q2 327.9 1.5% 12.5% 249.5 4.0% 15.0%2006Q3 341.2 4.1% 15.2% 255.9 2.5% 14.6%2006Q4 353.8 3.7% 15.1% 257.2 0.5% 10.3%2007Q1 350.4 -1.0% 8.4% 259.0 0.7% 8.0%2007Q2 344.9 -1.6% 5.2% 252.3 -2.6% 1.1%2007Q3 345.9 0.3% 1.4% 253.3 0.4% -1.0%Note above prices in €’000sAnalysis of 2nd Time Buyers by RegionIndex levels 2003 = 100OutsideDublin QoQ YoY Dublin QoQ YoY2004Q4 355.5 1.3% 7.4% 259.4 0.1% 9.7%2005Q1 360.6 1.4% 7.3% 262.2 1.1% 8.1%2005Q2 366.1 1.5% 6.8% 264.0 0.7% 5.0%2005Q3 376.6 2.9% 7.3% 271.5 2.8% 4.7%2005Q4 390.7 3.7% 9.9% 281.3 3.6% 8.4%2006Q1 406.4 4.0% 12.7% 293.5 4.4% 11.9%2006Q2 427.2 5.1% 16.7% 304.4 3.7% 15.3%2006Q3 445.4 4.3% 18.3% 312.3 2.6% 15.0%2006Q4 451.5 1.4% 15.6% 313.0 0.2% 11.3%2007Q1 457.6 1.3% 12.6% 311.4 -0.5% 6.1%2007Q2 446.7 -2.4% 4.6% 300.5 -3.5% -1.3%2007Q3 429.7 -3.8% -3.5% 301.7 0.4% -3.4%Note above prices in €’000sAnalysis of New Homes by RegionIndex levels 2003 = 100OutsideDublin QoQ YoY Dublin QoQ YoY2004Q4 301.9 0.0% 10.4% 210.9 0.4% 12.1%2005Q1 308.8 2.3% 7.4% 212.3 0.8% 9.0%2005Q2 318.9 3.3% 10.3% 216.6 2.1% 7.6%2005Q3 323.9 1.6% 7.3% 220.0 1.5% 4.8%2005Q4 324.9 0.3% 7.6% 231.9 5.5% 10.1%2006Q1 343.7 5.8% 11.3% 238.3 2.7% 12.2%2006Q2 350.0 1.8% 9.7% 245.7 3.1% 13.4%2006Q3 372.7 6.5% 15.1% 252.6 2.8% 14.9%2006Q4 383.7 2.9% 18.1% 251.2 -0.6% 8.3%2007Q1 379.8 -1.0% 10.5% 255.7 1.8% 7.3%2007Q2 371.7 -2.1% 6.2% 246.5 -3.6% 0.3%2007Q3 381.8 2.7% 2.5% 248.3 0.7% -1.7%Note above prices in €’000sAnalysis of Existing Houses by RegionIndex levels 2003 = 100OutsideDublin QoQ YoY Dublin QoQ YoY2004Q4 341.9 1.0% 7.5% 222.1 0.0% 8.7%2005Q1 346.4 1.4% 7.7% 224.2 1.0% 7.4%2005Q2 353.5 2.0% 6.9% 226.3 1.0% 4.8%2005Q3 363.4 2.8% 7.3% 234.3 3.5% 5.5%2005Q4 378.9 4.3% 10.9% 241.5 3.1% 8.8%2006Q1 394.5 4.1% 13.9% 252.0 4.4% 12.4%2006Q2 412.8 4.6% 16.8% 261.8 3.9% 15.6%2006Q3 429.3 4.0% 18.1% 269.5 3.0% 15.0%2006Q4 434.6 1.2% 14.7% 270.7 0.4% 12.1%2007Q1 442.9 1.9% 12.3% 267.8 -1.1% 6.3%2007Q2 429.9 -2.9% 4.1% 259.8 -3.0% -0.7%2007Q3 413.4 -3.8% -3.7% 259.8 0.0% -3.6%Note above prices in €’000s