Property prices have now reached the same level as the Celtic Tiger peak - CSO

Image: RollingNews.ie Image: RollingNews.ie THE CSO HAS said its Residential Property Price Index has reached the same level as the peak of the Celtic Tiger boom in 2007.

, with prices in Dublin rising by 11.8% and prices outside Dublin up by an average of 16.0%.The area and property type that has seen the biggest increase is houses in border areas that are up by 20.1%.The lowest median price was in Longford where the figure was €140,000, while the highest median price was €605,000 in the Dún Laoghaire-Rathdown area.The RPPI is based on Revenue stamp duty returns, so it gauges sale prices rather that other surveys that measure asking prices.

In June 2022, there were 4,087 homes purchased based on stamp duty returns, an increase in activity of 17.7% based on the 3,473 purchases in June 2021. Responding to today’s index, Trevor Grant of the Association of Irish Mortgage Advisors said that “activity within the sector is not dwindling”.

Source: Real Estate Daily Report (realestatedailyreport.net)

Our elites love us and want us to be happy. Never forget it

This is not even remotely funny anymore. Billions being poured into a failed plan by a corrupt minister of borrowed money we are paying for with our taxes. People go to prison for less.

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