House prices up south of the border, down in Northern Ireland
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New figures have revealed a 11.6 per cent increase in Irish residential house prices over the past year, contrasted against a 3.7 per cent decline in Northern Ireland over the same period.
Figures from the Central Statistics Office (CSO) show that residential property prices in Dublin increased by 11.1 per cent - an 11.2 per cent increase in house prices and 10.6 per cent in apartments.
The highest house price growth was in South Dublin, at 11.8 per cent, whereas the lowest in Dublin was in Fingal, at just 5.4 per cent.
Outside Dublin, residential property and house prices in Ireland rose 11.8 per cent in the year to June, with the greatest price growth (16.7 per cent) in the South-East and the least price growth (8.4 per cent) in the Mid-West. Apartment prices rose 13.4 per cent.
Meanwhile, the latest Quarterly House Price Index from Ulster University showed a continuing decline in house prices north of the border, with the average house price now £148,499.
Prices declined by 1.1 per cent from the last quarter, according to the publication produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society.
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