Business Irish

Saturday 17 March 2018

House prices fall in January - CSO

PROPERTY prices fell last month, new figures out this morning show.

In the month of January residential property prices fell by 1.4pc nationwide, the Central Statistics Office said.

This was the largest fall in national prices observed in a single month since February 2012.

Despite this fall, residential property prices are up 15.5pc over the last 12 months.

In Dublin residential property prices fell by almost 2pc in January.

Dublin residential property prices are still 21.6pc higher than 12 months ago.

Dublin house prices fell by 2.1pc in January whilst Dublin apartment prices increased by 0.9pc. 

Outside of Dublin residential property prices fell by 0.9pc in January.  However, prices are still up 9.3pc compared with January 2014.

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