Saturday 18 November 2017

Property prices fell slightly in December - but up 8.1pc nationwide on annual basis

Dublin prices were up almost 6pc last year Stock Image
Dublin prices were up almost 6pc last year Stock Image

Charlie Weston Personal Finance Editor

Property prices fell in December, but were still up for last year as a whole.

There was a drop of 0.4pc in prices nationwide in the last month of last year.

Over all of last year prices rose by 8.1pc, according to the Central Statistics Office.

Dublin prices were up almost 6pc last year.

The highest house price growth was in South Dublin, at close to 10pc.

In contrast, the lowest growth was in Fingal, with house prices rising just 3.2pc.

Outside of the capital there were stronger rises.

Residential property prices in the rest of Ireland (excluding Dublin) were 12pc higher in the year to December.

The west region showed the greatest price growth, with house prices increasing by almost 18pc. 

In the mid-east region showed the least price growth, with house prices increasing 7.6pc, the CSO said.

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