Dublin house prices ‘on the rise’

ASKING prices for houses in some Dublin areas are increasing while prices for apartments in Cork city look to be stabilising.

Analysis has found that, from the last quarter of 2009 to the first quarter of 2010, prices increased for two-bed apartments in Dublin 2, three-bed terrace houses in Dublin 18 and three-bed terraces in the 6W area, which takes in Terenure.

Property trackers, MyHat.ie also found that compared to the overall drop of 3% in asking prices for three-bed houses in Cork city in March, two-bed apartments only dropped by about half a percent.