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Property prices outside Dublin rise

Tuesday, April 01 07:30:47

Property prices outside Dublin increased during the first three months of 2014, according to a report by property website Daft.ie.

This is the first quarterly rise since 2007.

The national average asking price is E170,000 an increase of 3.5 PC from same time last year.

Dublin property prices rose by 15 PC compared to the same period last year.

There are also increases in prices for Cork and Galway city centres of 2 PC to 3 PC per cent.

But property prices in Waterford and Limerick city were down on the same period.

New figures from MyHome.ie show asking prices in Dublin increased by 1.3 PC in the first quarter of 2014.

Nationally, average asking prices continue to fall - down 0.7 PC in the first quarter, which is the lowest rate of decline in over six years according to RTE News.