Irish residential property prices are up by 7.3% so far in 2016

They are rising faster outside of the capital...

Irish residential property prices rose by 7.3% in the year to September according to the Central Statistics Office (CSO).

This compares with a 6.8% increase in the year to August - and an increase of 4.2% in the twelve months to September 2015.

Dublin's residential property prices increased by 5.4% during the first 9 months of the year.

The highest house price growth was in Dublin City, 6.7% - in contrast the lowest growth was in Dún Laoghaire-Rathdown where house prices rose by just 3.5%.

Apartment prices in Dublin have risen by 6%.

Outside of Dublin, property prices were 11% higher in the year to September.

Dublin residential property prices are 33.5% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 37.5% lower than their May 2007 peak.