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Residential property prices rise 12.4% in year to September

Residential property prices rose by 12.4% nationwide in the year to September, according to an update from the Central Statistics Office.

In Dublin, residential property prices saw an increase of 11.5%, house prices increase by 12.4% and apartment prices increase by 7.7%.

Outside the capital, property prices were 13.2% higher, house prices were up by 13% and apartment prices rose by 15.1%.

Trevor Grant of the Association of Irish Mortgage Advisors said both rents and property prices are rising “month in, month out.”

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