Property prices defy cost of living squeeze to rise 15.2%

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Property prices defy cost of living squeeze to rise 15.2% via IrishTimesBiz

, which hit a seven-year high of in March, with prices 15.2 per cent higher than a year earlier.

Properties outside Dublin saw the most dramatic increase, with house prices 17.3 per cent up on the year and apartment costing 17.6 per cent more, according to the Central Statistics Office’sThe Border region featured the fastest growth, with properties costing 25.1 per cent more than in March 2021. The Mid-East region saw the lowest increase outside the capital, at 15.2 per cent.

Dublin, house prices were up by 17.3 per cent and apartment prices up by 17.6a. The region outside of Dublin that saw the largest rise in house prices was the Border at 25.1a, while at the other end of the scale, the Mid-East saw a 15.2a rise. See Figure 1.2. Prices for houses in Dublin rose by a more modest 12.6 per cent, with apartment prices jumping by 12.9 per cent.

 

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Home price growth hits seven year high of 15.2% - CSONew figures from the Central Statistics Office show that residential property prices hit a fresh seven-year high of 15.2% in March. Only immigration control will solve this. Great country in all fairness Not surprising given the increasing cost of materials and a reduction in skilled labour.
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