I can inform the Deputy that it is my intention to bring forward amendments to the Property Services (Regulation) Bill to give the new Property Services Regulatory Authority the statutory function in relation to publishing details of residential sales prices.
The amendments will provide that details which, under existing stamp duty legislation, must be supplied to the Revenue Commissioners for stamp duty purposes within 30 days following the sale or lease of property will be made available to the Property Services Regulatory Authority for publication at regular intervals. Publication of this house price data will ensure the required level of market transparency and meet the needs of statutory and other bodies involved in tracking market trends and compiling statistical data on the property market.