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06 Jul 2022

Latest data from CSO reveals property prices nationally continue to rise

Latest data from CSO reveals property prices nationally continue to rise

Latest data from CSO reveals property prices nationally continue to rise

Property prices across Ireland continue to rise as the Central Statistics Office (CSO) reveals an increase of 15% in the 12 months to March 2022. 

That's according the CSO's latest Residential Property Price Index, which found a 15.2% rise in house prices nationally during that time period. 

The index also found prices outside Dublin rose by 5% more than those in the Capital, with an increase of 12.7% compared to 17.3% nationally. 

The region outside Dublin that saw the largest rise in house prices was the Border at 25.1%, while at the other end of the scale, house prices in the Mid-East increased by 15.2%. 

Almost 4,000 dwelling purchases by households at market prices were filed with Revenue in March 2022, marking a decrease of 0.8% since the 3,951 purchases in March 2021. 

The median price of a residential property bought in the 12 months to March 2022 was €285,000, with the lowest median price €136,500. 

The highest median price was revealed to be €601,000.  

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