Residential property prices rose by just 0.9% in March.

On an annual basis, the Central Statistics Office (CSO) says prices around the country were up 16.8%.

In Dublin, prices jumped 1.1% in the month, and 22.8% in the year. And apartment prices in the capital increased by 2.1%.

The increase outside the capital hit 0.7% in March, and 10.7% compared to the same month in 2014.

At national level, residential property prices were 38.2% lower than their peak level in 2007.

Dublin house prices were 36.9% lower than their peak, Dublin apartment prices were down 42.2% and Dublin prices overall were 38.7% lower than their highest level.

Outside of the capital, residential property prices were 41.5% lower than their 2007 peak.