According to data released by the Central Statistics Office (CSO), the nation’s housing prices rose by 9.6% in the 12 months ending at the end of July, reports Breaking News.
Prices outside of Dublin have increased by 9.1%, while prices in Dublin have increased by 10.3%.
In the year leading up to July 2024, the average cost of a property purchase was €340,000, reports Breaking News.
In the twelve months leading up to July 2024, the highest price paid for a home was €630,000 in Dún Laoghaire-Rathdown, while the lowest amount was €171,000 in Longford.
South Dublin had the largest increase in housing prices, rising 12.1%, while Dún Laoghaire-Rathdown witnessed an increase of 8.3%, rbm
The Mid-West (Clare, Limerick, and Tipperary) recorded the most increase in housing prices outside of Dublin, at 13.4%.
With a 6.1% increase in costs, the South-East, which includes Carlow, Kilkenny, Waterford, and Wexford, had the lowest price increase.
4,723 family purchases of homes at market prices were reported to the Revenue Commissioners in July 2024, representing a 13.2% increase, reports Breaking News.
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