'Scarcity of homes' has driven up prices over past six months, report finds

In the southwest region, the average price of a resale property now stands at €266,844, up from €239,671 in June 2020. 

House prices are rising at a faster rate nationally than in Dublin, a new report has found, but prices outside the capital are rising from a much lower base.

As a result of strong price inflation in the housing market during the first six months of 2021, the inflation rate in the southwest of the country accelerated in the second quarter of this year.