Tag Archives: Decimal Point

This afternoon.

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%.

Meanwhile…

…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…

Fight!

Home prices see annual increase of 3% in February – CSO (RTÉ)

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