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Evidence of property bubble in Dublin

Residential property prices are continuing to rise. Latest figures from the CSO show the national ra...
TodayFM
TodayFM

11:37 AM - 27 Nov 2013



Evidence of property bubble in...

News

Evidence of property bubble in Dublin

TodayFM
TodayFM

11:37 AM - 27 Nov 2013



Residential property prices are continuing to rise.

Latest figures from the CSO show the national rate of increase was 6.1% in the year to October.

In Dublin, residential property prices went up 2.3 % in the month of October and they are now 15 percent higher than a year ago.

Outside of Dublin, they went up by 1.5 percent in October, compared to a decrease of zero-point-nine percent in October last year.

In Dublin, prices are 48 percent lower than at their highest level in early 2007.

Business journalist Ian Guider says we're developing a new housing bubble in Dublin:



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