The figures indicate a dramatic recovery in the country’s housing market following the banking crisis and property price crash of a decade ago. As recently as January 2013, residential prices in Dublin were 56% down on the highs they hit in early 2007. According to the CSO, the residential property price index has climbed to its highest level since April 2009. In the year to September, property prices at a national level increased by 12.8%. “In the same period, Dublin residential property prices have increased 87%, while residential property prices in the rest of Ireland are 61.4% higher,” it added.

Source: The Guardian November 08, 2017 17:06 UTC