Within the last 7 years there has been an upward trend for residential property pricing. So far, 2019 has continued to follow this trend, showing significant national growth each month; Dublin seems to stay at or above par in comparison to national average prices.
Although this trend has been upwards, Ireland is still yet to reach the price levels that they had sustained in 2007. The current residential property prices in Dublin still falls at 22.5% lower than the highest period during the early 2000s, while the national values are 18.5% lower.
In 2018, the prices rose a total of 13.3% throughout the year, giving many sellers hope that the trend would continue forward into the following year. From February to March 2019, the prices increased 3.8%. March to April there was a 3.1% increase, which shows a smaller amount of increase, but it is still far from slowing down.
Dublin increased residential prices by 0.5%, leaving house prices and apartment rents increasing by the same 2.2% as the previous month.
It seems that Dublin and …