House prices have risen by more than 12%
House prices have risen by more than 12% in a year.
Inflation has accelerated to the fastest pace in two years, reflecting an increasing imbalance in supply and demand.
The latest figures from the Central Statistics Office show that there was a 3% increase over a single month between June and July.
This growth was double the rate of previous months and the highest growth in three years.
The national mean average for a house is now €276,000, jumping to €413,000 in Dublin.
The most expensive place to buy a home is Dún Laoghaire at more than €583,000, while Longford is cheapest at €95,000.
Interested in #Property #Prices #Visualisations? Check out @CSOIreland House Prices by Eircode interactive tool. https://t.co/Q1XjE1ghnu
— Central Statistics Office Ireland (@CSOIreland) September 12, 2017
