Residential property prices see increase in growth.

Residential property prices see increase in growth.

Residential property prices in Ireland have gone up 13% in the year to April, according to the Central Statistics Office.

This compares with an increase of 12.6% in the year to March and an increase of 9.5% in the 12 months to April 2017.

In Dublin, property prices grew by 12.5% in the year to April, with house prices increasing by 11.7% and apartment prices going up 15.9% in the capital.

Dublin City saw the biggest rise at 14.9%, while the lowest rise was in South Dublin, where house prices increased 6.9%.

Outside of Dublin, property prices were 13.6% higher in the year to April, with house prices increasing by 12.9%.

The Mid-West showed the greatest price growth, with house prices rising by 18.7%, while the Border region had the least price growth of 9.3%. Apartment prices went up by 17.8%.

Despite all the increases, residential property prices nationally are 21.1% lower than the peak in February 2007.

Dublin residential property prices are 23.3% lower than their February 2007 peak, while residential property prices in the rest of the country are 26.1% lower than their May 2007 peak.


More in this Section

Ryanair says Irish pilots have accepted paycuts Ryanair says Irish pilots have accepted paycuts

Businesses in Ireland urged to 'refocus' on BrexitBusinesses in Ireland urged to 'refocus' on Brexit

ESRI: Covid-19 cut in emissions to be 'shortlived'ESRI: Covid-19 cut in emissions to be 'shortlived'

Irish-backed UK pub group warns of uncertain customer demand ahead of reopeningIrish-backed UK pub group warns of uncertain customer demand ahead of reopening


Lifestyle

Like it or not, video meetings are here to stay. Home editor Eve Kelliher gets an expert's secrets to preparing interiors for their close-up.How to ensure your home is always camera-ready in the Zoom era

Tougher plants, smaller plots and more communal spaces will grow in popularity, says Hannah Stephenson.What will gardens of the future look like?

Ciara McDonnell chats with four women who’ve decided to embrace their natural hair colour after time away from the salonBack to my roots: Four women who've decided to embrace their natural hair colour

Allowing your children to lead the way is the key to fun outdoor play, and there are many things you can build or buy to help them along, says Kya deLongchampsGarden adventures: Allowing your children to lead the way is the key to fun outdoor play

More From The Irish Examiner