\"Figures

Figures from the Central Statistics Office (CSO) for November show a 4.2 percent increase in house values for 2012 in Dublin.

Dublin house prices up but nationwide average down

\"Figures

Figures from the Central Statistics Office (CSO) for November show a 4.2 percent increase in house values for 2012 in Dublin.

Figures from the Central Statistics Office (CSO) for November show a 4.2 percent increase in house values for 2012 in Dublin.

However, the real estate market in Ireland as a whole continues to suffer, as house prices have reduced in value by 5.7 percent for the year.

While Dublin is on the plus side for 2012, the five year comparison remains jaw-dropping, as house prices are 54 percent below their peak 2007 levels, according to the CSO.

Those owning apartments in Dublin won’t take comfort in the news that their properties have dropped 11 percent in value in 2012.

“The good news has to start at some stage and it does take time to work its way through these [other] indicators,” said a CSO spokesperson.

COMMENTS

Log in with your social accounts:

Or, log in with your IrishCentral account:

Forgot your password ?

Don't have an account yet? Register now !

Join IrishCentral with your social accounts:


Already have an account ?

Or, sign up for an IrishCentral account below:

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


Make sure we gathered the correct information from you

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


You already have an account on IrishCentral! Please confirm you're the owner.


Our new policy requires our users to save a first and last name. Please update your account: