Via RTÉ News:
The report by myhome.ie claims prices in Dublin were 7.3% higher in the period between July and September compared to the same three months in 2020.
Daft.ie’s analysis, however, puts that rate of price growth in the capital at 4.9%.
Myhome.ie calculates that outside of Dublin inflation ran at around 10.1% over the period.
This compares to daft.ie’s estimate, which puts the increase during the quarter outside of the main cities at 12.9% year on year.
Despite the differences in the findings of the two reports, both agree that the rate of residential property price inflation continues to be driven by a chronic lack of supply and high demand.