Irish residential property prices surge
Ireland’s residential property prices nationwide increased by 7.2 percent in the year to August, the fastest increase in more than a year, according to the latest figures released from the Central Statistics Office. This compares with an increase of 6.7 percent in the year to July and an increase of 5.5 percent in the 12 months to August 2015, the CSO said. It said that on a monthly basis, property prices nationwide rose by 1.6 percent in August. In Dublin, all residential property prices increased by 4.5 percent in the year to August. Dublin house prices increased by 4.8 percent in August while apartments rose by 6.4 percent.