Average price of a house now 8.8% more expensive than in December last year – TheLiberal.ie – Our News, Your Views

Average price of a house now 8.8% more expensive than in December last year




The telltale signs of the upward slope towards the next recession are becoming ever clearer today, as it has emerged that house prices are once again rising to unsustainable levels.

Official figures just released show that the average price of a house is now 8.8% more expensive than it was at the end of last year.

The same figures also show that inflation in the property market in the capital is now greater than anywhere else in the country for the first time since 2015.

Fewer and fewer properties go on sale, prompting queues of prospective buyers forming for every sale.

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