CSO Figures Shows House Prices Are Back To Boom Times

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House prices in 2022 have equaled the peak of the boom value of April 2007 according to figures published today by the Central Statistics Office.

The index increased by 14.1% in the 12 months to June 2022, with prices in Dublin rising by 11.8% and prices outside Dublin up by 16.0%

House prices in the Mid-West (Clare, Limerick, Tipperary) increased by 11.9% while the increase was highest in the Border region which saw increases of 20.1%

In June 2022, 4,087 dwelling purchases by households at market prices were filed with the Revenue Commissioners.  The median price of a dwelling purchased in the 12 months to June 2022 was €290,000. The lowest median price for a house in the 12 months to June 2022 was €140,000 in Longford, while the highest median price was €605,000 in Dún Laoghaire-Rathdown. The median price in County Tipperary is €186,000.

Existing dwellings accounted for 3,308 (80.9%) of the dwelling purchases filed with the Revenue Commissioners in June 2022, while the balance of 779 (19.1%) were new dwellings.