Dublin house prices down 5% since bank rules

Price of three-bed semi in Cork City up almost 4% in past year as new mortgage rules take effect in capital

The price of an average family home in Dublin has fallen dramatically since the introduction of new Central Bank rules.

At the same time, the cost of a three-bedroom semi- detached house in Cork City has risen by 3.77% to €275,000 in the past year, according to a national survey carried out by Real Estate Alliance.