House prices jump by 8.4% on average in 2017

The average value of house prices rose by 8.4% in 2017, more than three percentage points higher than the 2016 increase of 5.2%, writes Catherine Shanahan    

Price growth in Dublin was even higher, at 8.8%, according to estate agents Sherry FitzGerald.

Galway, Cork, and Limerick experienced price growth of 8.4%, 7.3%, and 7.4% respectively over the 12-month period.