Property prices rise almost 7% in a single year, CSO figures show

Experts say property prices are set to continue to rise for the foreseeable future. Picture: Andrew Matthews/PA

Residential property prices increased by almost 7% nationwide in the year to June, new CSO figures show.

While the price of houses and apartments nationally remains 12.7% lower than their 2007 peak, prices have almost doubled since their recession-era low in 2013.