Irish property prices edge up

Irish property prices edged up in July 2015, according to official figures.

Data from the Central Statistics Office show that residential values climbed 0.9 per cent nationwide from June 2015 and by 9.4 per cent year-on-year.

In Dublin residential property prices rose by 0.7 per cent in July. Dublin residential property prices were 9 per cent higher than in July 2014. 

At national level, residential property prices were 36.9 per cent lower than their peak level in 2007. Dublin house prices were 36.3 per cent lower than their peak, Dublin apartment prices were 40.6 per cent lower than their peak and Dublin residential property prices overall were 37.9 per cent lower than their highest level. Outside of Dublin residential property prices were 39.8 per cent lower than their highest level in 2007.