Ireland’s residential property price inflation increased slightly in May after remaining stable in the previous month, data from the Central Statistics Office showed on Wednesday.
Residential property prices climbed 7.9 percent year-on-year in May, faster than the 7.6 percent increase in April. Prices have been rising since February 2020.
In the capital region, Dublin, residential property prices rose 6.9 percent annually in May. House prices alone showed an increase of 6.8 percent, and those of apartments climbed by 7.2 percent.
Except for Dublin, residential property prices in Ireland were 8.7 percent higher in May than a year ago.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.