08/11/2017

Property Prices Continue To Rise Across Ireland

Property prices have increased to 12.8% in the year to September, according to the latest figures from the Central Statistics Office (CSO).

In Dublin, residential property prices increased by 12.2% in the year to September, with house prices increasing to 12.4% and apartments increasing to 11.4% in the same period. The highest house price growth was in Dublin City, at 13.9%. In contrast, the lowest growth was in Dun Laoghaire-Rathdown, with house prices rising 9.9%.

Residential property prices in the rest of Ireland, excluding Dublin, were 13.2% higher in the year to September. House prices in the Rest of Ireland increased 12.8% over the period. The West region showed the greatest price growth, with house prices increasing 16.5%. The Mid-West region showed the least price growth, with house prices increasing 9.8%. Apartment prices in the Rest of Ireland increased 15.5% in the same period.

Overall, the national index is 23.7% lower than its highest level in 2007. Dublin residential property prices are 24.5% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 29.9% lower than their May 2007 peak.

Recovery

From the trough in early 2013, prices nationally have increased by 70.2%. In the same period, Dublin residential property prices have increased 87.0% whilst residential property prices in the Rest of Ireland are 61.4% higher.

(MH/CD)

Related Irish News Stories
Click here for the latest headlines.

30 September 2015
Property Prices Increase Nationwide In August
Residential property price rose by 2.3% across Ireland in August, according to the Central Statistics Office (CSO). New figures from the Residential Property Price Index shows that this is a 0.9% increase from July and a 0.1% rise from June. In Dublin, prices rose by 2.8%, an 8.2% increase than the same period last year.
20 December 2011
House Prices Drop 15%
Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
12 April 2018
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
19 April 2017
Over 10% Rise Is Residential Property Prices
The latest figures from the Central Statistics Office (CSO) have revealed a 10.7% increase in residential property prices across Ireland. The figures show that in Dublin residential property prices increased by 8.3% in the year to February, Dublin house prices rose 8.1% and apartments increased 9.1% in the same period.
24 July 2012
Residential Property Prices In Dublin Fall By 1.1%
In the year to June, residential property prices at a national level, fell by 14.4%, according to the Central Statistics Office (CSO). This compares with an annual rate of decline of 15.3% in May and a decline of 12.9% recorded in the twelve months to June 2011. In Dublin residential property prices fell by 1% in June and were 16.