DUBLIN HOUSE PRICES ROSE BY 3.5 % IN AUGUST 2014
Dublin residential property prices increased by 3.5 % during August 2014, according to statistics released today by the CSO.
They are now 25.1% higher in value than in August 2013.
Residential Property Prices, on the national scale, showed an increase of 14.9% in the year to August 2014. In the year ending July 2014, house and apartment prices rose by 13.4 %.
The price of residential properties in the Rest of Ireland
(i.e. excluding Dublin) rose by 0.8% in August compared
with an increase of 0.1% in August of last year.
Prices were 5.6% higher than in August 2013.
Compared to the top of the boom in spring 2007,
house prices in Dublin have declined by 39.2%. Dublin
apartment values are 45.8% lower than they were in spring
Overall, residential property prices in Dublin are 41.0%
lower than at their highest level in February 2007.
The price of residential properties in the Rest of Ireland is 44.6% lower than their highest level in September 2007. Overall, the national index is 41.0% lower than its highest level in 2007.
Residential Property Price Index: August 2014
|Month||Price Index (Jan 2005=100)||Monthly Change %||Annual Change %|
The CSO statistics and percentage figures do not include cash transaction, based as it is on mortgage lender supply and one estimate says 30% to 40% of all property sales are cash deals.
The information provided above is liable to change at any time. All information supplied by IrishHouses.ie is subject to errors & omissions and does not constitute legal, investment or any other form of advice. Always obtain independent professional advice for your own particular situation. This is a summary of information provided on the Central Statistics Office website.
AVERAGE 3 BEDROOM HOUSE VALUES | COUNTY BY COUNTY | MID 2014
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