House prices in Ireland return to Celtic Tiger peak

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National house prices have increased 14.1% in the past 12 months.

The CSO said the national index has now reached a value of 163.3 points – which is equal to the highest level it experienced at the peak of the property boom in April 2007.

Despite that property prices in Dublin remain 8.1% lower than their February 2007 peak, while prices in the rest of Ireland are 1.3% below their May 2007 peak.Prices in Dublin have increased 127.6% since the February 2012 trough while prices in the rest of the country have increased 127.2% since May 2013.

Despite the sky-high prices, the rate of inflation nationally has slowed for the third month in a row.Share this article

 

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Property prices have now reached the same level as the Celtic Tiger peak - CSOThe high follows a 14.1% price increase over the past year. This is not even remotely funny anymore. Billions being poured into a failed plan by a corrupt minister of borrowed money we are paying for with our taxes. People go to prison for less. Our elites love us and want us to be happy. Never forget it
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