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Market Update: Irish Home Prices Rise the Most in Over 2 Years
Residential property prices in Ireland surged 4.5 percent year-on-year in April of 2021, accelerating from a downwardly revised 3.5 percent rise in the previous month. It was the sixth consecutive month of gains in home prices and the biggest since January 2019, as house prices advanced 4.5 percent, following a 3.5 percent gain in March; and apartments cost climbed 3.8 percent, up from 3.1 percent. In Dublin, residential property prices went up 3.5 percent (vs 2.3 percent in March) and in the rest of the country increased 5.4 percent (vs 4.7 percent). Overall, the national index is 14.3 percent lower than its highest level in 2007. source: Central Statistics Office Ireland [/s2If]
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