Dublin House Prices: A History of Booms and Busts from 1708-1949

Abstract

This paper presents an annual property price index for Dublin over the period 1708-1949. Obtaining the data for a historical index and presenting it was the objective of this research. It was done in the belief that any better insight into property prices via a long range price index would help in delivering more accurate historical facts as they relate to housing. Data for the index was researched from examination of actual property transactions recorded in the Registry of deeds. The index is constructed using the Hedonic method and is estimated in real and nominal terms.