House prices to rise 5% with greatest growth outside Dublin, says sales website

House prices are expected to increase by 5% this year, with the growth strongest outside of Dublin.

According to the latest quarterly report from MyHome.ie in association with Davy, rising incomes and the continuing economic recovery will be key price drivers.

Asking prices fell by 0.8% nationally over the last three months of 2015 but were up 7.4% on the year.