Friday 28 October 2016

Property prices rise again in July but at slower rate - CSO

Published 26/08/2015 | 11:18

PROPERTY prices rose again last month, but at a slower rate than the market was experiencing last year.

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Prices were up just under 1pc in July, according to the Central Statistics Office this morning.

When compared with July last year prices are now 9.4pc higher nationwide.

In Dublin, prices rose 0.7pc in the month, and are up 9pc compared with the month of July last year.

Outside the capital prices were up 1.2pc in July, the CSO said.

Prices in rural areas are now 9.6pc ahead of where they were last year.

But prices are still down on where they were before the economic downturn hit. When compared with the peak of the boom in 2007, prices are still down 37pc nationwide

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