Dublin house prices increase slightly after four months of decline

Dublin prices rose by 0.9 per cent in March, leading a 0.3 per cent increase in house prices across Ireland.

The price of Dublin houses and apartments went up by 1.2 per cent and 1.6 per cent respectively.

It ends four consecutive months of decline prior to this.

However, the price of houses outside Dublin declined for the first time since January 2015, falling by 0.2 per cent.

Irish house prices are 33.6 per cent lower than their 2007 peak, with Dublin down 36.3 per cent and the rest of Ireland down 35.4 per cent.

On a year-on-year basis, prices rose 7.6 per cent to March 2016 across the country, up 3.9 per cent in Dublin and 10.5 per cent outside.