Ireland residential property prices rise by 11.6%

Ireland residential property prices rise by 11.6% during Nov 2017, according to latest CSO statistical publication on housing prices in Ireland

In the year to November 2017 , residential property prices at national level increased by 11.6%.

Ireland housing prices

Table 1.1: Residential Property Price Index
Month Price Index (Jan 2005=100) Monthly % change Annual % change
September 2017 99.2 1.3 12.0
October 2017 99.6 0.4 11.8
November 2017 100.7 1.1 11.6
The latest two month’s RPPI results are provisional and subject to revision.

In Dublin, residential property prices increased by 11.3% in the year to November. Dublin house prices increased 11.5%. Apartments in Dublin increased 11.8% in the same period. The highest house price growth was in Dublin City, at 13.3%. In contrast, the lowest growth was in Dun Laoghaire-Rathdown, with house prices rising 10.8%.

Residential property prices in the Rest of Ireland (i.e. excluding Dublin) were 11.7% higher in the year to November. House prices in the Rest of Ireland increased 11.6% over the period. The West region showed the greatest price growth, with house prices increasing 16.0%.  The Mid-West region showed the least price growth, with house prices increasing 8.9%. Apartment prices in the Rest of Ireland increased 13.2% in the same period.

Source: http://www.cso.ie/en/releasesandpublications/ep/p-rppi/residentialpropertypriceindexnovember2017/



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