Marketing

House price inflation moderates to 8.1%



House prices in the Republic grew at an annualised rate of 8.1 per cent in January as supply pressures continued to underpin demand. This was down from a rate of 8.8 per cent previously.

The latest official figures indicate prices in Dublin rose at a yearly rate of 7.5 per cent while values outside the capital rose at a rate of 8.6 per cent.

The Central Statistics Office’s latest property prices register showed the median or middle price of a home purchased by households in the 12 months to January was €359,999.

The highest median price was €662,349 in Dún Laoghaire-Rathdown, while the lowest median price was €180,000 in Leitrim.



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