Family home prices on the rise

The cost of buying a family home has rocketed across the country, despite a marked fall in the number of properties being sold.

Family home prices on the rise

The cost of buying a family home has rocketed across the country, despite a marked fall in the number of properties being sold.

Analysis in today's Irish Independent from the Property Price Register shows a 10% fall in houses and apartments being sold in the second quarter of this year.

Over 8,000 houses and apartments were sold, a drop of 10.5% compared with the first three months.

Yet prices have actually risen by as much as 14%.

The lack of properties on the market is also said to be pushing prices up with a rise in sales of million euro homes.

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