Irish house prices ‘to rise’

Irish home prices will surge at the fastest pace in Europe in the coming years, fuelled in part by bankers moving to Dublin as the UK prepares to depart the EU, S&P Global Ratings has said.

The price of a house in Ireland will increase 8.5% this year and 7% in 2018, S&P said.

That’s the fastest rate out of 10 European markets examined by the ratings company.