Pearse Doherty
Ceist:436. Deputy Pearse Doherty asked the Minister for Justice and Equality the cost of extending the property price register to sales in calendar years 2006, 2007, 2008 and 2009. [42683/12]
Amharc ar fhreagraTuesday, 9 October 2012
Ceisteanna (436, 438)
Pearse Doherty
Ceist:438. Deputy Pearse Doherty asked the Minister for Justice and Equality the consideration that has been given by him or by the Property Services Regulation Authority to commercialising the property price register. [42685/12]
Amharc ar fhreagraFreagraí scríofa
I propose to take Questions Nos. 436 and 438 together.
Section 86 of the Property Services (Regulation) Act 2011 provides that the Property Services Regulatory Authority shall prepare and maintain a register of residential property prices in the State. The purpose of the Residential Property Prices Register is to provide up to date sale prices of residential properties sold in Ireland. The production of sale prices for properties sold in 2006, 2007, 2008 and 2009, which represent the “boom” years for house prices, would serve no useful purpose in this regard. Accordingly, I am advised that the Authority has no proposals to include such prices from those years in the Register.
The Residential Property Price Register cannot be commercialised by the Authority as it is required under the provisions of Section 86 of the 2011 Act to make the information contained in the Register available free of charge.