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06/10/2014
25% Increase In Dublin House Prices
House prices in Dublin have increased by 25% over the past year, a new survey has found.
According to property website daft.ie, nationally, house prices were said to have risen by 14%.
In Ireland, the average house price is said to be €195,000, just over half of the average price of a house during the peak of the market boom. Last year, the average cost of a home was €170,000, the study added.
Elsewhere, prices in all major urban areas were found to have risen, except for Limerick city, where a fall of 4% was recorded.
Interestingly, just over 30,000 properties are on the market, the lowest amount since March 2007.
Ronan Lyons, an economist with daft.ie, said a shortage of supply in the Leinster region, and Dublin in particular, had pushed up values.
He added: "The concern is that this supply shortage is now feeding into expectations. While price rises driven by shortages can be stopped by increasing supply, tackling price rises driven by expectations is significantly trickier."
(JP/CD)
According to property website daft.ie, nationally, house prices were said to have risen by 14%.
In Ireland, the average house price is said to be €195,000, just over half of the average price of a house during the peak of the market boom. Last year, the average cost of a home was €170,000, the study added.
Elsewhere, prices in all major urban areas were found to have risen, except for Limerick city, where a fall of 4% was recorded.
Interestingly, just over 30,000 properties are on the market, the lowest amount since March 2007.
Ronan Lyons, an economist with daft.ie, said a shortage of supply in the Leinster region, and Dublin in particular, had pushed up values.
He added: "The concern is that this supply shortage is now feeding into expectations. While price rises driven by shortages can be stopped by increasing supply, tackling price rises driven by expectations is significantly trickier."
(JP/CD)
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New Research On The Current State On The Irish Housing Market Published
The Central Bank of Ireland today published new economic research, entitled 'Why are Irish house prices still falling?' The Letter begins by assessing the current state of play in the Irish residential property market.
New Research On The Current State On The Irish Housing Market Published
The Central Bank of Ireland today published new economic research, entitled 'Why are Irish house prices still falling?' The Letter begins by assessing the current state of play in the Irish residential property market.
06 October 2015
Rise In House Prices Outside Dublin
House prices outside Dublin have increased by 13 % over the past year, according to a report by property website Daft.ie. Home buyers are now typically paying €205,000, compared to €190,000 this time last year. Prices in urban areas of Cork, Galway and Limerick are rising at a rate of almost 20% a year.
Rise In House Prices Outside Dublin
House prices outside Dublin have increased by 13 % over the past year, according to a report by property website Daft.ie. Home buyers are now typically paying €205,000, compared to €190,000 this time last year. Prices in urban areas of Cork, Galway and Limerick are rising at a rate of almost 20% a year.
12 April 2018
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
Property Prices Rise By 13% In The Year To February
Residential property prices have risen by 13% in the year to February, according to statistics published by the Central Statistics Office (CSO). There has also been a 12% increase in the year to February, and a 9.7% increase in the 12 months to February 2017. In the year to February in Dublin residential property and house prices have risen by 12.
08 November 2017
Property Prices Continue To Rise Across Ireland
Property prices have increased to 12.8% in the year to September, according to the latest figures from the Central Statistics Office (CSO). In Dublin, residential property prices increased by 12.2% in the year to September, with house prices increasing to 12.4% and apartments increasing to 11.4% in the same period.
Property Prices Continue To Rise Across Ireland
Property prices have increased to 12.8% in the year to September, according to the latest figures from the Central Statistics Office (CSO). In Dublin, residential property prices increased by 12.2% in the year to September, with house prices increasing to 12.4% and apartments increasing to 11.4% in the same period.
19 April 2017
Over 10% Rise Is Residential Property Prices
The latest figures from the Central Statistics Office (CSO) have revealed a 10.7% increase in residential property prices across Ireland. The figures show that in Dublin residential property prices increased by 8.3% in the year to February, Dublin house prices rose 8.1% and apartments increased 9.1% in the same period.
Over 10% Rise Is Residential Property Prices
The latest figures from the Central Statistics Office (CSO) have revealed a 10.7% increase in residential property prices across Ireland. The figures show that in Dublin residential property prices increased by 8.3% in the year to February, Dublin house prices rose 8.1% and apartments increased 9.1% in the same period.
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