CSO figures show continuing rise in property prices

Residential property prices are continuing to climb, according to figures released by the Central Statistics Office.

CSO figures show continuing rise in property prices

Residential property prices are continuing to climb, according to figures released by the Central Statistics Office.

The CSO numbers show a national increase of just over 8% in the year to February.

This compares with an increase of 6.3% in January, and a decrease of 2.6% in the 12 months to February 2013.

In Dublin, although prices fell slightly in February, residential properties are now over 13% more expensive than they were a year ago.

Outside of Dublin, prices went up by just under 1% in February, compared to a drop of over 2% in the same month in 2013.

Residential property prices in Dublin are 50% lower than at their highest level in February 2007.

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