Via RTÉ News:
The price of residential property nationally rose by 3% in February, according to the latest figures from the Central Statistics Office.
This compares to an increase of 2.6% in January and a 1% increase in the 12 months to February of last year.
Prices were slower to rise in Dublin with an increase of 1.2%. Houses in the capital rose by 1.2% while apartments rose by 0.9%.
…Tony Geraghty writes:
Actually, the CSO’s latest figures don’t say any such thing. In fact they say that the price of residential property nationally rose by 0.3% in February, just one tenth of the figure RTÉ uses.
The reality is that residential property nationally rose by 3% in the full 12 months up to February, over a full year (the headline of the RTÉ article actually got it right). Housing is expensive enough without RTÉ talking it up any further with their misplaced decimal points…