Irish real house prices up 175% in 50 years, UK +405%, Germany -1%
Irish real [consumer price index (CPI) inflation-adjusted) house prices rose by 175% in 1971-2016 (45 years); British prices rose by 405% in 1967-2016 (49 years) and German prices fell by -1% in 1968-2016 (48 years), according to the Bank for International Settlements — the BIS was founded in 1930 and is located in Basel, Switzerland. It is often called the "central bank for central banks."
The BIS has been tracking house prices since 1989, initially 18 advanced countries including Ireland. Data are supplied by national central banks, that may come from the national statistics offices or other credible sources.Read more »