Value of average house surges by €100k in five years; Prices rising at 4th fastest rate globally

Almost 15 new property millionaires were created every week in Ireland last year as the average value of a house surged almost €100,000 in five years, a new report shows.

The second Daft.ie housing wealth report shows the average residential property was worth almost €250,000 in the first quarter of 2018.