Ireland Housing Market Activity
Last updated:
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
Key findings:
- Ireland housing activity remains below the 2019 baseline, indicating a cautious demand signal for housing-linked furniture.
- Recent sideways movement in housing activity does not yet show a clear demand impulse for residential furniture.
- The 2025 Ireland furniture retail market size fits with housing activity trends, suggesting a cautious consumer backdrop.
Latest data:
| date | value |
|---|---|
| 2025-06-01 | 91.78 |
| 2025-07-01 | 92.96 |
| 2025-08-01 | 93.76 |
| 2025-09-01 | 95.01 |
| 2025-10-01 | 95.78 |
| 2025-11-01 | 97.2 |
| 2025-12-01 | 98.64 |
| 2026-01-01 | 98.75 |
| 2026-02-01 | 98.69 |
| 2026-03-01 | 98.5 |
| 2026-04-01 | 99.21 |
| 2026-05-01 | 99.45 |
Methodology: Housing Market Activity Methodology
Ireland Housing Market Activity tracks the monthly direction of the Irish residential cycle using mortgage lending and residential building permit signals. It helps furniture-market readers assess whether housing conditions are supporting moves, new-home furnishing, renovation decisions and demand for kitchens, beds, storage and other home categories.
Market Context
Ireland's furniture market is closely tied to housing supply, affordability, household formation and the timing of mortgage-financed purchases. A tight residential market can keep replacement and renovation demand active even when new supply is constrained, while stronger lending and permit signals can point to a broader pipeline of furnishing opportunities. Use this indicator with Ireland Furniture Retail Market Size to compare the housing backdrop with realised specialist furniture-store demand.
