Residential property prices increase 2% nationally in the year to June

August 14, 2019 MyHome.ie by MyHome.ie
Residential property prices increase 2% nationally in the year to June

Residential property prices increased by 2% nationally in the year to June, according to the latest figures from the Central Statistics Office (CSO).

This compares with an increase of 2.6% in the year to May and an increase of 11.9% in the twelve months to June 2018.

In Dublin, residential property prices rose by 0.1% in the year to June, with house prices unchanged and apartments rising by 0.1%. The highest house price growth in Dublin was in South Dublin at 3.6%, while Dun Laoghaire-Rathdown saw a decline of 4%.

Residential property prices in Ireland excluding Dublin were 3.9% higher in the year to June, with house prices up by 3.6% and apartments by 6.1%. The region outside of Dublin that saw the largest rise in house prices was the Border at 14.7%, while the Mid-East recorded a decline of 0.1%.

Overall, the national index is 18.0% lower than its highest level in 2007. Dublin residential property prices are 22.2% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 21.3% lower than their May 2007 peak.

Advertisement

Property prices nationally have increased by 83.0% from their trough in early 2013. Dublin residential property prices have risen 92.7% from their February 2012 low, whilst residential property prices in the Rest of Ireland are 81.1% higher than at the trough, which was in May 2013.

Tags:
Uncategorized Central Statistics Office CSO residential property prices

Related articles

Woman using mortgage calculator

Mortgage calculator

Ready to start house hunting but need to know how much you'll be paying on your mortgage? Our Irish mortgage repayments calculator will get you the answers you're looking for.

Start now →

Powered by doddl logo