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Data Change: Ireland - HPI - Rebased to 2015
Thursday, 28 May 2020 08:35 ET
By Mike Mercurio
Summary
May 2020 -- For the "Residential Property Price Index" for Ireland, concurrent with dissemination of results for February, the source has advanced the base year from 2005 to 2015 (28 monthly series 2005 to 2020, replaced by 22 from 2005). We have synchronized our supplements.
Detail

On 17 April, in the footnotes to the data table, the source wrote (citation):

The Central Statistics Office has today released the Residential Property Price Index (RPPI) with an updated base of 2015 = 100 along with the results for February 2020.

For further information see the Information Note on the Rebase of the RPPI to 2015 = 100

In response, we have:

  1. Archived the predecessors (Jan2005=100, 2005m1 to 2016m6 or 2020m1) by renaming with an "_05" specifier, and by segregating in the catalog. We have not marked the metadata as discontinued, because the source plans to publish both versions during a transition interval.
  2. Created one-for-one replacements, with standardized mnemonics.
  3. Re-extended key series.
  4. Replaced our seasonally adjusted supplements.
  5. Refurbished this section of the catalog.

Properties with notable changes (for full list, see background):

  • Index base period: From 2005 to 2015
  • Start date: Unchanged

The series reside in the historical catalog

and include, for example:

  • HPITAPT_05UM.IIRL  = [DISCONTINUED] Real estate: Residential property price index - New and existing - Apartments, (Index 2005=100, NSA)
  • HPITRESAM.IIRL_DBL = Real estate: Residential property price index - New and existing - All residential properties, (Index 2015=100, SA) - for Dublin

Please be aware that

The predecessor "excluding Dublin" series end at 2016m6 instead of 2020m1. Their geo was represented by the concept code, but in the replacements, it is represented by the geo code, viz., IIRL_XDBL.

Other
Related ReleaseResidential Property Price Index
SourceCentral Statistics Office (CSO)
FrequencyMonthly
GeographyIreland
Upcoming
Release DateReference date
15 May 2024Mar 2024
19 Jun 2024Apr 2024
17 Jul 2024May 2024
14 Aug 2024Jun 2024