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House Prices Increase By 12.7%

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House Prices Increase By 12.7%

Laura Donnelly
Laura Donnelly

01:44 16 May 2022


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Residential property prices rose by 15.2% in the year to March.

Outside the capital the increase was 17.3%, while in Dublin the cost rose by 12.7%.

CSO figures show the cost of houses and apartments continued to rise in the year to March.

The Residential Property Price Index showed the cost increased by 15.2%, that's up from 15.1% in the year to February.

Prices rose sharply outside the capital, where they went up by 17.3%, compared to 12.7% in Dublin.

The Border region continues to see the largest price increases at just over 25%, at the other end of the scale the Mid-East region saw a 15.2% rise.

The lowest median price for a house in the year to March was €136,500 in Longford while the highest was €601,000 in Dun Laoghaire Rathdown.

The median price of a home nationally bought in the 12 months to March was €285,000.

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