House prices across Ireland continue to rise significantly with property values increasing by 7.3% in the last 12 months, new data from Sherry Fitzgerald shows.
In it's latest bi-annual analysis, the estate agent found the average value of second-hand homes rose by 1.8% in the three months between July and September, highlighting "continuing challenges" in the market.
Outside of the capital, however, average values rose by 2.6% over the three-month period, bringing the increase over 12 months to 8.3%, with strong price inflation outside Dublin being driven by significant supply side shortages. Inside the capital, the pace of house price inflation was slower, at 1.1% in the quarter, bringing the annual increase to 6.5%.
