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Residential property prices rise by 12.0% in the year to June

Written by Robert McHugh, on 15th Aug 2018. Posted in Ireland

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The latest figures from the Central Statistics Office (CSO) show that in the year to June, residential property prices at national level increased by 12.0%. This compares with an increase of 12.4% in the year to May and an increase of 11.4% in the twelve months to June 2017. 

In Dublin, residential property prices increased by 9.0% in the year to June. Dublin house prices increased 8.4%. Apartments in Dublin increased 12.8% in the same period. The highest house price growth was in Dublin City, at 12.0%. In contrast, the lowest growth was in South Dublin, where house prices increased 5.9%.

Residential property prices in the Rest of Ireland (i.e. excluding Dublin) were 15.2% higher in the year to June. House prices in the Rest of Ireland increased 14.6% over the period. The Mid-West region showed the greatest price growth, with house prices increasing 22.3%. The Border region showed the least price growth, with house prices increasing 4.9%. Apartment prices in the Rest of Ireland increased 20.3% in the same period. 

Source: www.businessworld.ie

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