Residential property prices rise by 7.3% in March

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Residential property prices rise by 7.3% in March
BusinessApartmentsCentral Statistics Office
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New figures from the Central Statistics Office show that residential property prices grew by 7.3% on an annual basis in March, with prices rising in Dublin by 7.2% and outside of Dublin by 7.4%.

New figures from the Central Statistics Office show that residential property prices grew by 7.3% on an annual basis in March, the biggest increase so far this year.Year-on-year home price growth had eased from a peak of 15.1% in February 2022 to a near three-year low of 1.1% last August.The CSO said that house prices in Dublin rose by 7.7% while apartment prices rose by 5.3% in the 12 months to March of this year.

At the other end of the scale, the Border - Cavan, Donegal, Leitrim, Monaghan and Sligo - saw a 2.9% rise. The lowest median price for a home was €168,000 in Leitrim, while the highest median price was €620,000 in Dún Laoghaire-Rathdown. The CSO noted that property prices nationally have increased by 143.2% from their trough in early 2013.

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