House prices up 50% since market bottomed out
The CSO’s Residential Property Price Index for March 2017 show that prices rose nationally by 9.6% in the 12 months up to last March, and by 50.4% since their lowest point in 2013.
Despite this, prices remain significantly lower than at their peak — down 31.5% since the highest level reached in 2007. Dublin residential property prices are 31.5% lower than their February 2007 peak, while prices in the rest of the country are 36.4% lower than when they were at their highest in May 2007.
