THE pace of property price rises has picked up, pushed up by the cost of new homes. Dublin prices rose by 1.2pc in the year to December, while property prices outside Dublin were 3.1pc higher. Households paid a median price of €260,000 for a dwelling on the market in the 12 months to December 2020. The highest median prices outside of Dublin were in Wicklow at €349,000 and Kildare at €320,000. Dublin residential property prices are 22pc lower than their February 2007 peak, while residential property prices in the rest of Ireland are 18pc lower than their May 2007 peak.

Source: Irish Independent February 12, 2021 12:13 UTC