{
  "id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "generated_at": "2026-07-08T08:03:46.030847+00:00",
  "last_refresh": "2026-07-07",
  "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series seasonally adjusted with STL; residential permit series seasonally adjusted with STL; mortgage series smoothed with a 6-month moving average and residential permit series smoothed with a 6-month moving average before rebasing and weighting.",
  "source_description": "Monthly Ireland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100. Mortgage lending and residential permits are seasonally adjusted with STL before smoothing. Mortgage lending is smoothed with a 6-month moving average and residential permits are smoothed with a 6-month moving average before rebasing and weighting.",
  "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "Ireland Housing Market Activity",
    "indicator_description": "Monthly Ireland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100. Mortgage lending and residential permits are seasonally adjusted with STL before smoothing. Mortgage lending is smoothed with a 6-month moving average and residential permits are smoothed with a 6-month moving average before rebasing and weighting.",
    "title": "Ireland Housing Market Activity",
    "description": "Monthly Ireland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100. Mortgage lending and residential permits are seasonally adjusted with STL before smoothing. Mortgage lending is smoothed with a 6-month moving average and residential permits are smoothed with a 6-month moving average before rebasing and weighting.",
    "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series seasonally adjusted with STL; residential permit series seasonally adjusted with STL; mortgage series smoothed with a 6-month moving average and residential permit series smoothed with a 6-month moving average before rebasing and weighting.",
    "source_description": "Monthly Ireland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100. Mortgage lending and residential permits are seasonally adjusted with STL before smoothing. Mortgage lending is smoothed with a 6-month moving average and residential permits are smoothed with a 6-month moving average before rebasing and weighting.",
    "visibility": "paid",
    "updated_at": "2026-07-07T18:22:53.564737Z",
    "last_refresh": "2026-07-07",
    "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "IE"
    ],
    "geo_included": [
      "IE"
    ],
    "page_slug": "ireland-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/ireland-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": true,
    "featured_subtopic": true,
    "featured_rank_topic": 5,
    "featured_rank_subtopic": 2,
    "chart_title": "Ireland Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Ireland Furniture Market Hub",
        "url": "/market/ireland-furniture-market-hub/",
        "label": "Market hub"
      },
      {
        "title": "Ireland Furniture Retail Market Size",
        "url": "/indicators/retail/market-size/ireland-furniture-retail-turnover/",
        "label": "Retail"
      },
      {
        "title": "Ireland Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/ireland-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "UK Housing Market Activity",
        "url": "/indicators/macroeconomics/housing/uk-housing-market-activity/",
        "label": "Housing"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "IE"
      ]
    },
    "methodology_url": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "9552fb3bef3f273210914dbec65f150ab24a3b54ccec5326abab1706b4dbd528",
    "trend_summary": "The Ireland housing market activity index shows notable fluctuations over time, with a peak in February 2023 at 126.5 and a trough in December 2024 at 81.9. The latest index level of 99.5 is slightly below the 2019 baseline of 100, indicating a return to pre-peak levels. Recent momentum appears positive, with year-over-year increases of 11.6% over three months, 14.7% over six months, and 14.3% over twelve months, suggesting a recovery phase following the 2024 decline. Broadly, annual averages reflect periods of growth in 2018 and 2022, contrasted with a notable dip in 2024.",
    "trend_summary_generated_at": "2026-07-08T08:04:08.456193+00:00",
    "key_findings": [
      "Ireland housing activity is below its 2019 baseline, so the housing-linked demand signal is still soft.",
      "Read alongside Ireland Furniture Retail Market Size and Ireland Furniture Consumer Market Size, soft housing activity keeps the furniture demand backdrop cautious.",
      "Recent movement is broadly sideways, so the housing signal is not yet showing a clear new impulse."
    ],
    "key_findings_source": "deterministic_related_context",
    "chart_alt_text": "Line chart for Ireland Housing Market Activity in index points. The series runs from 2015-01-01 to 2026-05-01; the latest value is 99.5 index points. The peak is 126.5 index points in 2023-02-01."
  },
  "data": [
    {
      "date": "2015-01-01",
      "geo": "IE",
      "value": 107.49
    },
    {
      "date": "2015-02-01",
      "geo": "IE",
      "value": 105.98
    },
    {
      "date": "2015-03-01",
      "geo": "IE",
      "value": 105.35
    },
    {
      "date": "2015-04-01",
      "geo": "IE",
      "value": 104.48
    },
    {
      "date": "2015-05-01",
      "geo": "IE",
      "value": 103.96
    },
    {
      "date": "2015-06-01",
      "geo": "IE",
      "value": 103.89
    },
    {
      "date": "2015-07-01",
      "geo": "IE",
      "value": 102.48
    },
    {
      "date": "2015-08-01",
      "geo": "IE",
      "value": 101.51
    },
    {
      "date": "2015-09-01",
      "geo": "IE",
      "value": 101.49
    },
    {
      "date": "2015-10-01",
      "geo": "IE",
      "value": 107.79
    },
    {
      "date": "2015-11-01",
      "geo": "IE",
      "value": 107.32
    },
    {
      "date": "2015-12-01",
      "geo": "IE",
      "value": 108.09
    },
    {
      "date": "2016-01-01",
      "geo": "IE",
      "value": 106.82
    },
    {
      "date": "2016-02-01",
      "geo": "IE",
      "value": 106.49
    },
    {
      "date": "2016-03-01",
      "geo": "IE",
      "value": 104.7
    },
    {
      "date": "2016-04-01",
      "geo": "IE",
      "value": 98.22
    },
    {
      "date": "2016-05-01",
      "geo": "IE",
      "value": 98.09
    },
    {
      "date": "2016-06-01",
      "geo": "IE",
      "value": 94.78
    },
    {
      "date": "2016-07-01",
      "geo": "IE",
      "value": 92.36
    },
    {
      "date": "2016-08-01",
      "geo": "IE",
      "value": 90.68
    },
    {
      "date": "2016-09-01",
      "geo": "IE",
      "value": 90.93
    },
    {
      "date": "2016-10-01",
      "geo": "IE",
      "value": 90.07
    },
    {
      "date": "2016-11-01",
      "geo": "IE",
      "value": 87.77
    },
    {
      "date": "2016-12-01",
      "geo": "IE",
      "value": 88.89
    },
    {
      "date": "2017-01-01",
      "geo": "IE",
      "value": 92.49
    },
    {
      "date": "2017-02-01",
      "geo": "IE",
      "value": 93.95
    },
    {
      "date": "2017-03-01",
      "geo": "IE",
      "value": 94.98
    },
    {
      "date": "2017-04-01",
      "geo": "IE",
      "value": 95.07
    },
    {
      "date": "2017-05-01",
      "geo": "IE",
      "value": 97.3
    },
    {
      "date": "2017-06-01",
      "geo": "IE",
      "value": 98.42
    },
    {
      "date": "2017-07-01",
      "geo": "IE",
      "value": 98.64
    },
    {
      "date": "2017-08-01",
      "geo": "IE",
      "value": 99.59
    },
    {
      "date": "2017-09-01",
      "geo": "IE",
      "value": 99.44
    },
    {
      "date": "2017-10-01",
      "geo": "IE",
      "value": 101.45
    },
    {
      "date": "2017-11-01",
      "geo": "IE",
      "value": 103.39
    },
    {
      "date": "2017-12-01",
      "geo": "IE",
      "value": 103.83
    },
    {
      "date": "2018-01-01",
      "geo": "IE",
      "value": 108.35
    },
    {
      "date": "2018-02-01",
      "geo": "IE",
      "value": 110.79
    },
    {
      "date": "2018-03-01",
      "geo": "IE",
      "value": 113.6
    },
    {
      "date": "2018-04-01",
      "geo": "IE",
      "value": 115.98
    },
    {
      "date": "2018-05-01",
      "geo": "IE",
      "value": 115.94
    },
    {
      "date": "2018-06-01",
      "geo": "IE",
      "value": 117.45
    },
    {
      "date": "2018-07-01",
      "geo": "IE",
      "value": 114.85
    },
    {
      "date": "2018-08-01",
      "geo": "IE",
      "value": 113.36
    },
    {
      "date": "2018-09-01",
      "geo": "IE",
      "value": 111.2
    },
    {
      "date": "2018-10-01",
      "geo": "IE",
      "value": 107.59
    },
    {
      "date": "2018-11-01",
      "geo": "IE",
      "value": 106.0
    },
    {
      "date": "2018-12-01",
      "geo": "IE",
      "value": 102.9
    },
    {
      "date": "2019-01-01",
      "geo": "IE",
      "value": 100.67
    },
    {
      "date": "2019-02-01",
      "geo": "IE",
      "value": 99.04
    },
    {
      "date": "2019-03-01",
      "geo": "IE",
      "value": 97.02
    },
    {
      "date": "2019-04-01",
      "geo": "IE",
      "value": 97.44
    },
    {
      "date": "2019-05-01",
      "geo": "IE",
      "value": 98.25
    },
    {
      "date": "2019-06-01",
      "geo": "IE",
      "value": 99.35
    },
    {
      "date": "2019-07-01",
      "geo": "IE",
      "value": 99.1
    },
    {
      "date": "2019-08-01",
      "geo": "IE",
      "value": 99.71
    },
    {
      "date": "2019-09-01",
      "geo": "IE",
      "value": 101.29
    },
    {
      "date": "2019-10-01",
      "geo": "IE",
      "value": 102.18
    },
    {
      "date": "2019-11-01",
      "geo": "IE",
      "value": 102.4
    },
    {
      "date": "2019-12-01",
      "geo": "IE",
      "value": 103.55
    },
    {
      "date": "2020-01-01",
      "geo": "IE",
      "value": 106.06
    },
    {
      "date": "2020-02-01",
      "geo": "IE",
      "value": 107.39
    },
    {
      "date": "2020-03-01",
      "geo": "IE",
      "value": 108.68
    },
    {
      "date": "2020-04-01",
      "geo": "IE",
      "value": 102.81
    },
    {
      "date": "2020-05-01",
      "geo": "IE",
      "value": 96.63
    },
    {
      "date": "2020-06-01",
      "geo": "IE",
      "value": 91.92
    },
    {
      "date": "2020-07-01",
      "geo": "IE",
      "value": 88.71
    },
    {
      "date": "2020-08-01",
      "geo": "IE",
      "value": 85.44
    },
    {
      "date": "2020-09-01",
      "geo": "IE",
      "value": 85.61
    },
    {
      "date": "2020-10-01",
      "geo": "IE",
      "value": 89.52
    },
    {
      "date": "2020-11-01",
      "geo": "IE",
      "value": 94.92
    },
    {
      "date": "2020-12-01",
      "geo": "IE",
      "value": 98.65
    },
    {
      "date": "2021-01-01",
      "geo": "IE",
      "value": 97.46
    },
    {
      "date": "2021-02-01",
      "geo": "IE",
      "value": 98.18
    },
    {
      "date": "2021-03-01",
      "geo": "IE",
      "value": 95.33
    },
    {
      "date": "2021-04-01",
      "geo": "IE",
      "value": 98.02
    },
    {
      "date": "2021-05-01",
      "geo": "IE",
      "value": 96.67
    },
    {
      "date": "2021-06-01",
      "geo": "IE",
      "value": 96.06
    },
    {
      "date": "2021-07-01",
      "geo": "IE",
      "value": 98.63
    },
    {
      "date": "2021-08-01",
      "geo": "IE",
      "value": 98.37
    },
    {
      "date": "2021-09-01",
      "geo": "IE",
      "value": 99.34
    },
    {
      "date": "2021-10-01",
      "geo": "IE",
      "value": 98.34
    },
    {
      "date": "2021-11-01",
      "geo": "IE",
      "value": 100.01
    },
    {
      "date": "2021-12-01",
      "geo": "IE",
      "value": 100.75
    },
    {
      "date": "2022-01-01",
      "geo": "IE",
      "value": 100.55
    },
    {
      "date": "2022-02-01",
      "geo": "IE",
      "value": 101.39
    },
    {
      "date": "2022-03-01",
      "geo": "IE",
      "value": 100.87
    },
    {
      "date": "2022-04-01",
      "geo": "IE",
      "value": 99.98
    },
    {
      "date": "2022-05-01",
      "geo": "IE",
      "value": 100.02
    },
    {
      "date": "2022-06-01",
      "geo": "IE",
      "value": 102.57
    },
    {
      "date": "2022-07-01",
      "geo": "IE",
      "value": 104.21
    },
    {
      "date": "2022-08-01",
      "geo": "IE",
      "value": 104.57
    },
    {
      "date": "2022-09-01",
      "geo": "IE",
      "value": 109.33
    },
    {
      "date": "2022-10-01",
      "geo": "IE",
      "value": 115.73
    },
    {
      "date": "2022-11-01",
      "geo": "IE",
      "value": 121.14
    },
    {
      "date": "2022-12-01",
      "geo": "IE",
      "value": 119.26
    },
    {
      "date": "2023-01-01",
      "geo": "IE",
      "value": 120.91
    },
    {
      "date": "2023-02-01",
      "geo": "IE",
      "value": 126.51
    },
    {
      "date": "2023-03-01",
      "geo": "IE",
      "value": 124.52
    },
    {
      "date": "2023-04-01",
      "geo": "IE",
      "value": 117.18
    },
    {
      "date": "2023-05-01",
      "geo": "IE",
      "value": 110.37
    },
    {
      "date": "2023-06-01",
      "geo": "IE",
      "value": 107.48
    },
    {
      "date": "2023-07-01",
      "geo": "IE",
      "value": 102.99
    },
    {
      "date": "2023-08-01",
      "geo": "IE",
      "value": 96.63
    },
    {
      "date": "2023-09-01",
      "geo": "IE",
      "value": 92.12
    },
    {
      "date": "2023-10-01",
      "geo": "IE",
      "value": 90.63
    },
    {
      "date": "2023-11-01",
      "geo": "IE",
      "value": 90.02
    },
    {
      "date": "2023-12-01",
      "geo": "IE",
      "value": 89.5
    },
    {
      "date": "2024-01-01",
      "geo": "IE",
      "value": 87.86
    },
    {
      "date": "2024-02-01",
      "geo": "IE",
      "value": 85.96
    },
    {
      "date": "2024-03-01",
      "geo": "IE",
      "value": 84.59
    },
    {
      "date": "2024-04-01",
      "geo": "IE",
      "value": 83.62
    },
    {
      "date": "2024-05-01",
      "geo": "IE",
      "value": 83.22
    },
    {
      "date": "2024-06-01",
      "geo": "IE",
      "value": 83.05
    },
    {
      "date": "2024-07-01",
      "geo": "IE",
      "value": 82.83
    },
    {
      "date": "2024-08-01",
      "geo": "IE",
      "value": 81.95
    },
    {
      "date": "2024-09-01",
      "geo": "IE",
      "value": 82.66
    },
    {
      "date": "2024-10-01",
      "geo": "IE",
      "value": 83.82
    },
    {
      "date": "2024-11-01",
      "geo": "IE",
      "value": 82.6
    },
    {
      "date": "2024-12-01",
      "geo": "IE",
      "value": 81.88
    },
    {
      "date": "2025-01-01",
      "geo": "IE",
      "value": 83.42
    },
    {
      "date": "2025-02-01",
      "geo": "IE",
      "value": 85.92
    },
    {
      "date": "2025-03-01",
      "geo": "IE",
      "value": 87.86
    },
    {
      "date": "2025-04-01",
      "geo": "IE",
      "value": 88.42
    },
    {
      "date": "2025-05-01",
      "geo": "IE",
      "value": 89.93
    },
    {
      "date": "2025-06-01",
      "geo": "IE",
      "value": 91.78
    },
    {
      "date": "2025-07-01",
      "geo": "IE",
      "value": 92.96
    },
    {
      "date": "2025-08-01",
      "geo": "IE",
      "value": 93.76
    },
    {
      "date": "2025-09-01",
      "geo": "IE",
      "value": 95.01
    },
    {
      "date": "2025-10-01",
      "geo": "IE",
      "value": 95.78
    },
    {
      "date": "2025-11-01",
      "geo": "IE",
      "value": 97.2
    },
    {
      "date": "2025-12-01",
      "geo": "IE",
      "value": 98.64
    },
    {
      "date": "2026-01-01",
      "geo": "IE",
      "value": 98.75
    },
    {
      "date": "2026-02-01",
      "geo": "IE",
      "value": 98.69
    },
    {
      "date": "2026-03-01",
      "geo": "IE",
      "value": 98.5
    },
    {
      "date": "2026-04-01",
      "geo": "IE",
      "value": 99.21
    },
    {
      "date": "2026-05-01",
      "geo": "IE",
      "value": 99.45
    }
  ]
}