House prices up 5% in year to February, new data show

Dublin prices have risen by 128.7% from their February 2012 low, while prices in the rest of Ireland are 135% higher than the May 2013 trough, according to the data. Picture: Colin Keegan/ Collins

House prices are up 5% in the past year to February, easing from the previous month, with homes outside of Dublin doubling the pace of rises compared to the capital, latest available data show.

Central Statistics Office (CSO) figures show the national Residential Property Price Index increased by 5% in the 12 months to February 2023, with prices in Dublin rising by 3.2% and prices outside Dublin up by 6.4%.