Average asking price for houses rises by 14%

The average asking price for a house has risen 14% — or €25,000 — in a year, with prices in parts of Dublin surging at over twice the average rate of increase.

The data is contained in Daft.ie’s 2014 third-quarter House Price Report, which is published today.

It shows asking prices in the capital were 25% higher in the third quarter of this year than they were in the same period last year — the highest rate of inflation since Daft.ie began tracking the figure in 2006.