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AUDIO: Property prices up 15% on 2012

Updated 11.35 Residential property prices are continuing to rise. Latest figures from the CSO sho...
Newstalk
Newstalk

11.25 27 Nov 2013


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AUDIO: Property prices up 15%...

AUDIO: Property prices up 15% on 2012

Newstalk
Newstalk

11.25 27 Nov 2013


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Updated 11.35

Residential property prices are continuing to rise.

Latest figures from the CSO show the national rate of increase was 6.1% in the year to October.

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In Dublin, residential property prices went up 2.3% in the month of October and they are now 15% higher than a month ago.

Outside of Dublin, they went up by 1.5% in October, compared to a decrease of 0.9% in October last year.

In Dublin, prices are 48% lower than at their highest level in early 2007.

Our Business Editor Ian Guider says we're developing a new housing bubble:


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