Irish monthly house price growth cools

Irish monthly house price growth cools
14/12/2017 , by , in INTERNATIONAL

Irish monthly residentialproperty inflation cooled to a six-month low of 0.5 percent in October, down from an average of 1.7 percent in the previous five months, data showed on Tuesday.

A recovery in prices that began in 2013 has accelerated sharply across the country this year with prices climbing 12.1 % in the year to the end of October as a long-standing lack of supply combined with surging demand. Prices are now 24 percent below the peak hit at the height of a property bubble a decade ago.

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