Property prices Archives - LSL Auctions News

Residential property prices are up

The latest statistics released by the Central Statistics Office (CSO) show that residential property prices increased by 14.1% nationally in the year to June 2022. This compares with an increase of 14.4% in the year to May 2022 and an increase of 6.8% in the 12 months to June 2021. In Dublin, residential property prices saw an increase of 11.8% in the year to June 2022, while property prices outside…

Property price growth remains strong

While property price growth is still strong, this could slow as the year progresses, according to Trevor Grant, chairman of the Association of Irish Mortgage Advisers. Influencing factors include “anticipated increased supply coming on stream and mortgage exceptions becoming harder to obtain, which reduces borrowing power accordingly”. The current housing shortage coupled with strong mortgage approval figures makes it difficult to forecast how the upcoming ECB rate increases will affect…

Ongoing surge of property prices clocks up fastest pace in years

Figures show that property prices shot up again in January 2022. With a 14.8% hike in the year nationally, this indicates the fastest pace of growth see in nearly seven years. Central Statistics Office statistics reveal that prices in Dublin process rose by 13.3% in the year to January, with prices outside Dublin up by 16%. According to the property price index, prices in for January were up 0.9%, slightly…