Residential property prices jump by 14.4%

Property prices nationally have increased by 120.5% from their trough in early 2013. Picture: Denis Minihane

Residential property prices jumped 14.4% nationally in the 12 months to May this year, with prices soaring by over 20% in some parts of the country.

Prices outside Dublin rose by 16.6% during that time while prices in Dublin rose by 11.7%, according to Central Statistics Office (CSO) figures.