Residential property prices rose by 0.9% nationwide last month, according to the latest figures from the Central Statistics Office (CSO).
The increase means residential property prices remained up 9.4% on an annual basis.
In Dublin residential property prices rose by 0.7% in July. Dublin residential property prices were 9% higher than in July 2014.
Dublin house prices rose by 0.6% in July whilst Dublin apartment prices increased by 2.7%. However, it should be noted that the sub-indices for apartments are based on low volumes of observed transactions and consequently suffer from greater volatility than other series.
Outside of Dublin residential property prices rose by 1.2% in July. Prices were up 9.6% compared with July 2014.
At national level residential property prices were 36.9% lower than their peak level in 2007. Dublin house prices were 36.3% lower than their peak, Dublin apartment prices were 40.6% lower than their peak and Dublin residential property prices overall were 37.9% lower than their highest level. Outside of Dublin residential property prices were 39.8% lower than their highest level in 2007.
