30/09/2015
Property Prices Increase Nationwide In August
Residential property price rose by 2.3% across Ireland in August, according to the Central Statistics Office (CSO).
New figures from the Residential Property Price Index shows that this is a 0.9% increase from July and a 0.1% rise from June.
In Dublin, prices rose by 2.8%, an 8.2% increase than the same period last year.
In addition, house prices in the capital rose by 3% and apartment prices increased by 0.3%.
Outside of Dublin, residential property prices increased by 1.9%, up 10.8% compared with August 2014.
Merrion Chief Economist, Alan McQuaid, said: "One has to assume that the tighter lending restrictions imposed by the Central Bank and the end of the CGT property purchase incentive scheme as announced in last October’s Budget is weighing negatively and will bring prices down to more affordable levels."
He added that the recent sharp increase in planning permissions should also dampen house prices.
(LM)
New figures from the Residential Property Price Index shows that this is a 0.9% increase from July and a 0.1% rise from June.
In Dublin, prices rose by 2.8%, an 8.2% increase than the same period last year.
In addition, house prices in the capital rose by 3% and apartment prices increased by 0.3%.
Outside of Dublin, residential property prices increased by 1.9%, up 10.8% compared with August 2014.
Merrion Chief Economist, Alan McQuaid, said: "One has to assume that the tighter lending restrictions imposed by the Central Bank and the end of the CGT property purchase incentive scheme as announced in last October’s Budget is weighing negatively and will bring prices down to more affordable levels."
He added that the recent sharp increase in planning permissions should also dampen house prices.
(LM)
Related Irish News Stories
Click here for the latest headlines.
27 July 2015
Residential Property Prices Rise Nationally
Residential property prices increased nationally by 10.7% in the year to June, according to the Central Statistics Office (CSO). This compares to an increase of 13.8% in May and an increase of 12.5% in the twelve months to June 2014. Residential property prices rose nationally by 0.1% in the month of June. This compares with an increase of 0.
Residential Property Prices Rise Nationally
Residential property prices increased nationally by 10.7% in the year to June, according to the Central Statistics Office (CSO). This compares to an increase of 13.8% in May and an increase of 12.5% in the twelve months to June 2014. Residential property prices rose nationally by 0.1% in the month of June. This compares with an increase of 0.
26 November 2012
Property Prices Drop By 0.6% In October
Residential property prices fell by 0.6% in October, according to the latest figures by the Central Statistics Office (CSO). This compares with an increase of 0.9% recorded in September and a decline of 2.2% recorded in October of last year. In Dublin residential property prices fell by 0.2% in October and were 7.1% lower than a year ago.
Property Prices Drop By 0.6% In October
Residential property prices fell by 0.6% in October, according to the latest figures by the Central Statistics Office (CSO). This compares with an increase of 0.9% recorded in September and a decline of 2.2% recorded in October of last year. In Dublin residential property prices fell by 0.2% in October and were 7.1% lower than a year ago.
24 July 2012
Residential Property Prices In Dublin Fall By 1.1%
In the year to June, residential property prices at a national level, fell by 14.4%, according to the Central Statistics Office (CSO). This compares with an annual rate of decline of 15.3% in May and a decline of 12.9% recorded in the twelve months to June 2011. In Dublin residential property prices fell by 1% in June and were 16.
Residential Property Prices In Dublin Fall By 1.1%
In the year to June, residential property prices at a national level, fell by 14.4%, according to the Central Statistics Office (CSO). This compares with an annual rate of decline of 15.3% in May and a decline of 12.9% recorded in the twelve months to June 2011. In Dublin residential property prices fell by 1% in June and were 16.
20 December 2011
House Prices Drop 15%
Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
House Prices Drop 15%
Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
11 August 2010
Proposed House Price Database 'Confusing'
There is confusion today as to how a new Irish database to monitor market trends and house prices is to be established. Legislation announced yesterday hasn't fully outlined how data will be collected and published.
Proposed House Price Database 'Confusing'
There is confusion today as to how a new Irish database to monitor market trends and house prices is to be established. Legislation announced yesterday hasn't fully outlined how data will be collected and published.