House prices up 3.5% in first three months of 2006
27/04/2006 - 11:26:49Average house prices are increasing at their fastest rate in six years, according to the latest house price index published by the ESRI and Permanent-TSB.
The two organisations said average prices had increased by 3.5% in the first three months of this year, the fastest rate of increase since the same period in 2000.
This means that prices have risen by 12.1% in the past year.
The average price paid for a house in Dublin has now reached €384,000, compared to €249,000 in the rest of the country.
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