The average price of residential property in Ireland had risen by 2.1% during the opening three months of 2018, according to a new report by Sherry FitzGerald. Average prices in Dublin rose by 2.3% in the first quarter, compared to 1.8% recorded in the same period in 2017. The latest available data from the Property Price Register reveals that just over 54,000 transactions were recorded over the course of 2017. "However, there is evidence of a significant increase in the volume of new home sales, which is to be welcomed. "With this in mind, it is worth noting that the ‘help to buy scheme’ is due to cease in 20 months' time.

Source: Evening echo March 29, 2018 20:48 UTC