Latest House Price Statistics Released
House Price increases in Ireland, and more particularly in the greater Dublin area, have taken a breather after a very strong first 8 months of 2006.
In the first 8 months property prices grew in excess of 10% compared with growth of less that 5% in the same period of 2005 (ESRI HPI).
House prices are still expected to end 2006 with an increase in the region of 12% for the year, which indicates a more sensible and sustainable growth over the next few months.
The average price paid for a house in Dublin in August 2006 was €412,877 and the average price paid for a house outside of the Dublin was €264,622. The commuter counties of Louth Meath, Kildare and Wicklow experienced very strong growth in 2006 with an increase in the first 8 months of 13.1% compared to just 4.7% last year.
In the first 8 months property prices grew in excess of 10% compared with growth of less that 5% in the same period of 2005 (ESRI HPI).
House prices are still expected to end 2006 with an increase in the region of 12% for the year, which indicates a more sensible and sustainable growth over the next few months.
The average price paid for a house in Dublin in August 2006 was €412,877 and the average price paid for a house outside of the Dublin was €264,622. The commuter counties of Louth Meath, Kildare and Wicklow experienced very strong growth in 2006 with an increase in the first 8 months of 13.1% compared to just 4.7% last year.
