Irish house prices post fastest growth
House price growth has begun to accelerate again in recent months amid a sharp lack of supply following a recovery from a property crash. An easing of central bank lending rules and a new government subsidy has seen mortgage approvals surge.
Residential property prices nationally were 10.7 percent higher in February than a year ago, the fastest growth rate since May 2015. Prices in Dublin were up 8.3 percent compared to an increase of 13.2 percent in the rest of the country.