Tuesday, 23 July 2019

Ceisteanna (4, 5)

Pearse Doherty

Ceist:

4. Deputy Pearse Doherty asked the Taoiseach the size of the commercial real estate sector; and the net and gross asset value, respectively in tabular form. [33508/19]

Amharc ar fhreagra

Pearse Doherty

Ceist:

5. Deputy Pearse Doherty asked the Taoiseach the size in units, net asset value and gross asset value of the real estate sector by residential and commercial in Dublin city and county and outside of Dublin, respectively in tabular form. [33511/19]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Taoiseach)

I propose to take Questions Nos. 4 and 5 together.

The gross value added for the real estate sector is shown in the table below. Please note that these figures were published in August 2018 and are based on the National Income and Expenditure release of 2017 (NIE 2017). Figures based on the National Income and Expenditure release of 2018 (NIE 2018) will be available later this year.

Year 2017

Current Prices

Constant Prices

Gross Value Added for Real Estate

(Euro Millions)

17,300

16,367

Gross Value Added for the Whole Economy

(Euro Millions)

273,174

272,104

Real Estate as a Percentage of the Whole Economy

6.3%

6.0%

The Net Capital Stock and Gross Capital Stock for

- Dwellings;

- Other Buildings and Structures including Roads; and

- Roads

are shown on the following table. The Net Capital Stock includes the effect of depreciation while the Gross Capital Stock does not. Please note that these figures exclude the value of land. These figures were published in November 2018 and are based on the National Income and Expenditure release of 2017 (NIE 2017). Figures based on the National Income and Expenditure release of 2018 (NIE 2018) will be available later this year.

Year

2011

2012

2013

2014

2015

2016

2017

Dwellings

(excluding land)

Net Capital Stock Held at End of Year at Current Prices

(Euro Million)

198,865

202,819

207,850

218,641

225,964

235,583

248,269

Net Capital Stock Held at End of Year at Constant 2016 Prices

(Euro Million)

238,411

237,280

236,295

235,651

235,234

235,583

236,871

Gross Capital Stock Held at End of Year at Current Prices

(Euro Million)

247,528

254,723

263,350

279,314

290,934

305,383

323,568

Gross Capital Stock Held at End of Year at Constant 2016 Prices

(Euro Million)

296,690

298,028

299,495

301,142

302,909

305,383

308,674

Other Buildings and Structures including roads

Net Capital Stock Held at End of Year at Current Prices

(Euro Million)

104,106

109,259

115,477

124,554

135,740

150,605

168,460

Net Capital Stock Held at End of Year at Constant 2016 Prices

(Euro Million)

129,345

131,950

135,540

139,629

144,342

150,605

158,561

Gross Capital Stock Held at End of Year at Current Prices

(Euro Million)

167,042

176,782

187,888

203,588

222,411

246,543

274,575

Gross Capital Stock Held at End of Year at Constant 2016 Prices

(Euro Million)

207,535

213,525

220,570

228,268

236,516

246,543

258,427

Roads

Net Capital Stock Held at End of Year at Current Prices

(Euro Million)

25,317

26,248

26,789

28,057

29,584

31,444

33,217

Net Capital Stock Held at End of Year at Constant 2016 Prices

(Euro Million)

31,454

31,699

31,444

31,452

31,435

31,444

31,265

Gross Capital Stock Held at End of Year at Current Prices

(Euro Million)

36,535

38,391

39,909

42,447

45,460

49,055

52,713

Gross Capital Stock Held at End of Year at Constant 2016 Prices

(Euro Million)

45,393

46,364

46,842

47,585

48,305

49,055

49,616