Dublin house prices up 22% in past year

The price of houses in Dublin has risen by more than 22% in the past year, double the national average. It’s the fastest rise since the peak of the property boom in 2007.

Nationwide, residential property prices increased by 10.6% in the year to May, new figures from the Central Statistics Office (CSO) show.

The national figure compares with an increase of 8.5% up to April and a fall of 1.1% recorded in the 12 months to May 2013.