Dublin house prices up 22.2% in year but Ireland still not recovered from recession – overall house prices down 37.9% from 2007 madness
— lisa o’carroll (@lisaocarroll) December 23, 2014
House price growth eases in Dublin pic.twitter.com/JU4lCPElLE
— Niall Brady (@Niall_Brady) December 23, 2014
Meanwhile, last week, RTÉ reported:
“In a review of risks to the Irish economy, the Central Bank noted that house price growth in Dublin is now higher than that recorded at the peak of the property bubble in 2006. House price growth in Dublin has been above 23% since June. This is higher than the previous peak in house price growth of 22.5% – recorded in August 2006 – at the height of the housing bubble. The Central Bank said that the identification and removal of barriers to further housing construction – either financial or planning – is urgently needed to increase the supply of housing in the market.”
Central Bank concerned at rapid rise in house prices (RTE, December 17, 2014)
Sam Boal/Photocall Ireland