House prices nationally have risen by 7 per cent over the past 12 months and asking prices are now 50 per cent higher than they were in 2013, according to the latest report from property website Daft.ie. In the first three months of the year asking prices have increase by more than 2 per cent bringing the current national asking price to €247,000. A previous property report from the CSO in March showed house price growth of 12.5 per cent on average increase over the past 12 months. He said “during a five-year period when consumer prices did not change, housing prices rose by 50 per cent. For housing policy in Ireland, it needs to be ‘supply, supply, supply’,” he said.

Source: The Irish Times April 01, 2018 08:48 UTC