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Tag Archives: Property pices

House prices continue to rise

The average value of residential property in Ireland rose by 1.7% in the first quarter of 2015, which compares to growth of 5.0% in the same period in 2014. Dublin house prices rose by a moderate 0.9% in the first quarter of the year, this compares to growth of 6.5% in the same period in 2014. Notably, when Dublin is excluded from the national figure, the quarterly growth figure was 2.8%. In comparison, residential property outside Dublin grew by 3.0% during the opening quarter of 2014. The regional centres outside Dublin experienced strong price growth during the opening three month period, most notably in Cork with price growth of 3.0% in the three months to end March. An analysis of the stock available for sale on the open market revealed there were 30,642 units advertised for sale in Ireland in January, which represents 1.6% of the private housing stock. This compares to 37,883 units in January 2014, a 19% reduction …

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