This compares to an increase of 15.1% in the year to February and an increase of 3.5% the same time last year.The CSO said that Dublin house prices increased by 12.6% and apartment prices increased by 12.9% in March.
Dublin residential property prices have risen 122.5% from their February 2012 low, while residential property prices in the Rest of Ireland are 122.5% higher than at the trough in May 2013. The highest median prices outside of Dublin were in Wicklow at €390,000 and Kildare at €344,998, while the lowest price was €136,500 in Longford.Of these, 32.2% were bought by first time buyer owner-occupiers, while former owner-occupiers purchased 53.4%. The balance of 6,721 of 14.4% were purchased by non-occupiers.
I could cry when I see figures like this.
That housing for no one plan is really working
Not surprising given the increasing cost of materials and a reduction in skilled labour.
Only immigration control will solve this.
Great country in all fairness