This report provides estimates of structural (demographic) housing demand at a regional level. Any assessment of structural future housing demand relies on assumptions around (1) population growth, (2) headship rates (the typical household size) and (3) rates of obsolescence of the housing...

The war in Ukraine and the subsequent increase in energy and other commodity prices has dampened the economic outlook. There are increased downside risks to economic activity and there is also considerable uncertainty around any economic projections and how they may evolve in the future. This...

Many countries experienced a residential credit bubble prior to the global financial crisis; however, by most criteria, the Irish residential and financial sector witnessed one of the most significant imbalances across contemporary western economies. The Irish property market had experienced a...

This report provides estimates of structural (demographic) housing demand at a regional level. Any assessment of structural future housing demand relies on assumptions around (1) population growth, (2) headship rates (the typical household size) and (3) rates of obsolescence of the housing...

Understanding the impact of housing supply on housing price inflation is a particularly important issue from a policy-maker's perspective. Notwithstanding the impact of the great financial crisis (GFC) in 2007/08, the past 25 years has seen a significant increase in housing prices across a...

In this paper we assess the implications of monetary policy shocks on the house price to rent ratio in the case of the Irish property market. Crucially, in light of the particular circumstances of the market, we allow for the interaction between monetary policy and changing credit conditions in...

The decline in international trade following the financial crisis suggests a shift in globalisation and a transformation of the international economic order. Protectionist trade policies have gained prominence as certain major economies increasingly implement tariffs to safeguard domestic...

The credit bubble experienced by the Irish residential and financial sector immediately prior to the global financial crisis (GFC) was one of the largest experienced across contemporary western economies. The Irish property market had witnessed a significant increase in activity as the economy...

This report examines the Irish, Northern Irish, Welsh, Scottish, and English residential markets with a particular focus on their capacity to increase housing supply over the short to medium term. Our approach compares and contrasts how differences across the housing markets, in key costs of...