More than 600 homes sold for over €1m this year, despite Covid-19 impact

Dalkey remains one of the country's most expensive areas, with property prices averaging more than €750,000. Pictured is Queens in Dalkey, closed during the Covid pandemic. Picture: Stephen Collins/Collins Photos

House prices grew by around 3.5% this year despite the Covid-19 pandemic, with 638 properties selling for more than €1m, according to the latest property wealth report by Daft.ie.

The value of all residential property in Ireland now stands at over €536bn, up by €18bn since last year, and representing a rise in values of €50m per day.