New house prices rise by 3.9%

The latest property review from Bank of Ireland has recognised that the price of new houses in Q1 this year increased faster than existing ones.

New house prices rise by 3.9%

The latest property review from Bank of Ireland has recognised that the price of new houses in Q1 this year increased faster than existing ones.

There was a 3.9% gain in the price of new houses while second-hand houses rose 1.7%, representing a reversal in the trend towards second-hand housing.

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