State ‘not learning lesson’ from economic crash

The Government has been accused of “not learning their lesson from the property crash” after it emerged that house prices have risen almost 8% over the last year.

The latest Residential Property Price Index from the Central Statistics Office shows that, in the year to January, prices rose by 7.9%.

In Dublin, residential price rose 5.3% in the period — 4.9% for house prices and 9.1% for apartments.