Which way are house prices heading? Depends on the data - News Summed Up

Which way are house prices heading? Depends on the data


With extraordinary events continuing to unfold, divining trends from the usual data is becoming problematic. With rolling lockdowns in play, meaningful comparisons between this year and last are fraught. Apples and orangesThe CSO’s Residential Property Price Index published in March gives us a snapshot of where things stood at the start of this year. House prices rose 2.6 per cent in the 12 months to January, the data shows. Covid-19 has turned the property market and everything else upside down.


Source: The Irish Times April 01, 2021 04:52 UTC



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