We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Shutterstock/Pompaem Gogh
Rising prices

Residential property prices have risen by 5.6% in the space of a year

In Dublin, residential property prices rose by 1.9% in the year to January.

RESIDENTIAL PROPERTY PRICES have risen by 5.6% nationally over the 12 months to January, according to the latest data from the Central Statistics Office. 

This compares with an increase of 6.4% in the year to December and an increase of 11.8% in the twelve months to January 2018. 

In Dublin, residential property prices rose by 1.9% in the year to January. House prices have risen by 2.3% and apartment prices have risen by 1.6%. 

The highest house price growth in the capital was in South Dublin at 4%. The lowest growth was in Fingal at 2.6%. 

Residential property prices in Ireland, excluding Dublin, were 9.5% higher in the year to January. House prices were up 8.5% and apartment prices were up 18.6%. 

The region outside of Dublin that saw the largest rise in property prices was the midwest at 16.5%, while the smallest rise was recorded in the mideast at 5.1%.


Changing times

Overall, the national index is 18.4% lower than its highest level in 2007.

Dublin residential property prices are 22.4% lower than their February 2007 peak.

Residential property prices in the rest of Ireland are 21.7% lower than their May 2007 peak.

Property prices nationally have increased by 82.1% since early 2013. 

Dublin residential property prices have risen 92.3% from their February 2012 low, whilst residential property prices in the rest of Ireland are 80.1% higher than at the trough, which was in May 2013.

All the data can be found here

Your Voice
Readers Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.

    Leave a commentcancel