[Top: A new graph published by the Central Statistics Office today detailing property prices in Ireland between February 2005 and February 2013 and, above, a screebgrab from a table showing the percentage price change in properties in Dublin in January and February 2014]
The CSO found:
In Dublin residential property prices fell by 0.6% in February and were 13.3% higher than a year ago. Dublin house prices fell by 0.6% in the month and were 13.6% higher compared to a year earlier. Dublin apartment prices were 10.5% higher when compared with the same month of 2013. The price of residential properties in the Rest of Ireland (i.e. excluding Dublin) rose by 0.9% in February compared with a decrease of 2.1% in February of last year. Prices were 4.2% higher than in February 2013.
Mark Sugrue writes:
“According to the CSO, Dublin house prices have fallen 2.1% since the start of 2014, bringing prices back to where they were in September 2013. Although the Dublin Meeja will claim the opposite. Doesn’t the Irish Times own myhome.ie?”