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Dublin house price down 0.3% in August

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Christian Fernsby ▼ | October 10, 2019
House in Dublin
Europe   House in Dublin

Dublin residential property prices fell again in the year to August, new figures from the Central Statistics Office show.

Topics: Dublin house price

Property prices in Dublin were down 0.3% in the year to August, with house prices in the city falling 0.6% and apartment prices rising 0.7%.

Dublin property prices had slowed 0.2% in the year to July the first drop since 2012.

The CSO noted that the highest house price growth in Dublin in August was in Fingal at 2.3%, while Dun Laoghaire-Rathdown saw a decline of 6.1%.

Overall, residential property prices increased 2% nationally in the year to August. The CSO said this compares with an increase of 8.9% the same time last year.

Residential property prices in the rest of the country were 4.4% higher in the year to August, with house prices up 4.1% and apartments rising 5.3%.

The region outside of Dublin that saw the largest rise in house prices was the Border at 13.1%, while the Mid-East recorded a decrease of 0.8%.

August also saw prices in the Mid-East of the country Wicklow, Louth, Meath and Kildare fall 0.8% the region's first drop since November 2013.

The CSO said that property prices nationally have increased 85.2% from lows in early 2013.


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