The border region, which includes Donegal, has seen the largest house price increase outside of Dublin.
The figures were released by the Central Statistics Office (CSO).
According to the report, the national Residential Property Price Index (RPPI) increased by 5% in the 12 months to February 2023, with prices in Dublin rising by 3.2%.
Outside of Dublin, house prices were up by 6.6% and apartment prices rose by 3.3%. The region outside of Dublin that saw the largest rise was the Border (Cavan, Donegal, Leitrim, Monaghan, Sligo) at 9%. At the other end of the scale, the Mid-West (Clare, Limerick, Tipperary) saw an 4.9% rise.
Commenting on the release, Viacheslav Voronovich, Statistician in the Prices Division, said: “Residential property prices rose by 5% in the 12 months to February 2023, down from 6.1% in the year to January 2023, and from the high values of 15.1% in the 12 months to February and March 2022. In Dublin, residential property prices saw an increase of 3.2%, while property prices outside Dublin were 6.4% higher than a year earlier.”
Tags:
