House prices soar further amid lack of supply

The national price of a home was up almost 8% in annual terms and has surged 10.2% higher than their peak during the boom in 2007, according to figures from the Central Statistics Office (CSO).

The median price of a dwelling purchased in the period was €335,000, while the at lower end of this spectrum a house was bought for €169,000 in Longford. The highest median price was €624,999 in Dún Laoghaire-Rathdown.

Home affordability in the Republic was stretched again in April as residential property prices soared further.

The national price of a home was up almost 8% in annual terms, according to figures from the Central Statistics Office (CSO).