Pace of house price increase slows to 8.4%

New house price figures show a steadying in the cost of property, but brokers said it did little to encourage aspiring buyers.

Pace of house price increase slows to 8.4%

New house price figures show a steadying in the cost of property, but brokers said it did little to encourage aspiring buyers.

The Central Statistics Office’s Residential Property Price Index showed residential property prices rose by 8.4% in the year to October 2018, compared with an increase of 11.7% in the 12 months to October 2017.

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