CSO: Houses prices across country rose marginally last month

Houses prices across the country rose marginally last month but properties are still only worth around half of what they could command at the height of the boom.

Residential property prices nationally rose by 0.5% in August, up on another smaller increase the previous month, according to the latest figures released by the CSO.

However, despite the successive monthly increases, at a national level residential property prices fell in the year to August by 11.8% overall, and experts say it is too early to say if the worst is over for the property market.