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

Firm hit with €443,000 fine for cyber breach

House planning surge set to boost mortgage market

Tesco grows Irish sales by further 3%

‘Irish Examiner’ takeover approved by communications minister

Today's Stories

Big ideas needed to freshen upour high streets

Dollar set to feel the squeeze against euro


New father’s life ‘changed forever’ after he was run over by surgeon

More From The Irish Examiner