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Residential property prices have risen 8.4% around the country this year

Property prices have shot up by over 8% around the country since the beginning of the year. The l...
Newstalk
Newstalk

13.30 11 Dec 2018


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Residential property prices ha...

Residential property prices have risen 8.4% around the country this year

Newstalk
Newstalk

13.30 11 Dec 2018


Share this article


Property prices have shot up by over 8% around the country since the beginning of the year.

The latest figures from the Central Statistics Office (CSO) show that prices in Dublin have risen by 6.3% in 2018.

Meanwhile, outside the capital, property prices have risen by 10.6%.

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It means that prices around the country have increased by 83.8% since their lowest point in early 2013.

However, they are still 17.6% lower than their highest point in 2007.

Image: CSO

Outside Dublin

The CSO said house prices outside of Dublin were up 10.3% with apartments up 14.5%.

The largest rise in the country was in the Mid-West where residential property prices shot up by 21.5%.

The Mid-East meanwhile saw the lowest growth outside of Dublin at 8.3%.

Dublin

The CSO said house prices were up 6.6% in Dublin, while apartments were up 5.7%.

The Dún Laoghaire-Rathdown area saw the biggest growth at 8.2% - while the lowest growth in the city was in South Dublin at 5.0%.


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