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Mark Stedman via Photocall Ireland

Property prices down in March but still 7.8% higher than this time last year

Prices are still 47 per cent lower than they were in the peak of 2007.

RESIDENTIAL PROPERTY PRICES across Ireland rose by 7.8 per cent in the year to March.

New figures from the Central Statistics Office also show that the prices fell by 0.7 per cent in March compared to February.

Prices had fallen in January but risen slightly again the following month.

In Dublin

The figures show that residential property prices in Dublin remained unchanged in March and were 14.3 per cent higher than the same time last year.

However they are still 50 per cent lower than at their highest level in early 2007.

Apartment prices in Dublin were 16.6 per cent higher this March when compared with the same month of 2013.

But they are still 55.4 per cent lower than they were in February 2007.

Outside of Dublin

The price of homes outside of Dublin fell by 1.6 per cent in March, while they were 2.9 per cent higher than the same time last year.

Residential property prices for the whole of the country remain 47 per cent off their peak of seven years ago.

It is believed that cash buyers account for around half of activity at the moment.

Director of Property Industry Ireland, Dr Peter Stafford said:

Data underpinning today’s CSO index comes only from properties purchased with a mortgage, thereby excluding over 40 per cent of all transactions every month.

“During a period of very low numbers of transactions, excluding 40 per cent of all market activity makes it difficult for anyone, whether purchaser or vendor, to get a informed understating of price trends in a particular locality”.

Read: Estate agents report “mini-boom” as price increases spread outside Dublin>

Read: Rise in Dublin house prices masks fall in every other part of the country>

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20 Comments
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    Mute Sean Higgins
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    Aug 7th 2016, 1:24 PM

    They should keep off those porn sites, nothing but trouble………..

    195
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    Mute John Lynch
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    Aug 7th 2016, 1:33 PM

    You seem to be very familiar with those sites!

    53
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    Mute Sean Higgins
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    Aug 7th 2016, 1:34 PM

    I was until I caught a virus……..

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    Mute Jester VonDoom
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    Aug 7th 2016, 1:39 PM

    its those genuine girls in your area who always trick you

    137
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    Mute Tweety McTweeter
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    Aug 7th 2016, 1:44 PM

    Better to get a virus from the promiscuous ladies on your computer than a virus from the promiscuous lady on the street

    99
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    Mute Stephen Brady
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    Aug 7th 2016, 1:59 PM

    Was it blue flu?

    36
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    Mute Alois Irlmaier
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    Aug 7th 2016, 5:16 PM

    I thought the same Sean?

    6
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    Mute Motherofdivinejebus
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    Aug 7th 2016, 7:24 PM

    Roses are red,
    Violets are blue,
    I have Chlamydia,
    now you have too……

    9
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    Mute Paddy Lynn
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    Aug 7th 2016, 8:49 PM

    Swine flu, no?

    7
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    Mute Annette
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    Aug 7th 2016, 1:43 PM

    No point catching the virus, he will get suspended sentence. They need to eliminate it completely.

    156
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    Mute Elma Phudd
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    Aug 7th 2016, 1:52 PM

    The virus had 142 previous infections, but was a mutation from a troubled virus.

    154
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    Mute Ciarán Mac Domhnaill
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    Aug 7th 2016, 7:59 PM

    Hahaha

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    Mute Micheal OLainn
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    Aug 7th 2016, 9:01 PM

    I’m not confident in the integrity of the security of Garda IT systems.

    10
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    Mute Apu Mohammed
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    Aug 7th 2016, 1:32 PM

    Rumour has it the virus refused to start working unless it got a pay rise

    63
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    Mute ray.farrelly
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    Aug 7th 2016, 1:36 PM

    It was the blue flu virus.

    32
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    Mute ijlester
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    Aug 7th 2016, 2:53 PM

    I’ve long suspected that Garda Management have been infected by malware planted by the Government that affects their ability to represent the best interests of the force, and of the public and allows them sit idly by and let their numbers, resources & morale be decimated- telling us all the while that they are adequately resourced.

    51
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    Mute rodrigo detriano
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    Aug 7th 2016, 2:09 PM

    Our police force is unfit for purpose. A shower of scruffy, unwashed money grabbers. A national embarrassment

    41
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    Mute rodrigo detriano
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    Aug 7th 2016, 2:13 PM

    Was in a shop last week, when a female police officer was buying a breakfast roll. Christ her tie was still covered from yolk from her previous roll. Her hair was u kept, trousers looked like she’s slept in them, and her shoes looked like they’d been lying in a big. Disgusting

    34
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    Mute Marty Borgnine
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    Aug 7th 2016, 2:24 PM

    You really are the biggest tool who posts on the Journal. You should invest some of that spare time in learning the English language.

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    Mute rodrigo detriano
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    Aug 7th 2016, 2:32 PM

    Are you one of that disgusting police force Martie?

    20
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    Mute Paul Whyte
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    Aug 7th 2016, 2:45 PM

    Maybe she spent her night dealing with calls from your filthy riff raff housing estate.

    71
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    Mute Nick Allen
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    Aug 7th 2016, 2:48 PM

    Nothing like a girl in uniform, then add a breakfast roll into the equation. Happy Days!

    39
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    Mute rodrigo detriano
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    Aug 7th 2016, 3:13 PM

    God no! I don’t live in a housing estate. I only voice my opinion on the state of our police force. No one can deny how scruffy and uninterested they are! It’s all well and good to be patriotic, but some things have to be said.

    13
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    Mute John Lynch
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    Aug 7th 2016, 7:03 PM

    Dirtbag

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    Mute John Lynch
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    Aug 7th 2016, 7:04 PM

    Waster

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    Mute Motherofdivinejebus
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    Aug 7th 2016, 7:25 PM

    Tell us how you really feel John……..

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    Mute Martin Ryan
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    Aug 7th 2016, 1:53 PM

    Even the computers are infected along with everything else in the AGS

    40
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    Mute twit
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    Aug 7th 2016, 2:54 PM

    So Gardai are claiming they found a Zero day? If so, that is really good cyber Forensics work on their part!

    31
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    Mute Just Himself
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    Aug 7th 2016, 11:30 PM

    I highly doubt it was their detection, more likely something triggered them to bring in a third party to analyse the affected system.

    4
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    Mute Shaun Wright
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    Aug 7th 2016, 2:39 PM

    No doubt there will be rumbles of “well maybe we should update to Win 10″ now that it’s no longer free

    31
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    Mute Seamus Corcoran
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    Aug 7th 2016, 3:12 PM

    You couldn’t update from xp which the gardai use.

    26
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    Mute Just Himself
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    Aug 7th 2016, 11:27 PM

    It wasn’t free for commercial companies to upgrade and if they did upgrade they could be in for some fines if a Microsoft audit ever takes place.

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    Mute Shaun Wright
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    Aug 7th 2016, 2:24 PM

    Good aul An Garda Siochana and their Windows Millennium Edition…what hacker would want to write code to infect their outdated systems

    29
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    Mute AARO-SAURUS
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    Aug 7th 2016, 2:31 PM

    Somebody opening those penis enlargement emails.

    29
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    Mute Ossi Fritsche
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    Aug 7th 2016, 2:07 PM

    How else are the guards supposed to download Taylor Swift, after she deleted from Spotify.

    25
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    Mute Sean Callan
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    Aug 7th 2016, 1:50 PM

    Keep taking the ‘tablets’!!!!

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    Mute Alois Irlmaier
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    Aug 7th 2016, 5:17 PM

    Have the ex TD’s given the tablets back yet?

    11
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    Mute Teene Nyantoon
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    Aug 7th 2016, 1:25 PM

    If you’ve been hacked you’ll never know it. unless the inch hacked are released to the public media.

    14
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    Mute Teene Nyantoon
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    Aug 7th 2016, 2:01 PM

    information*

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    Mute Darach Malone
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    Aug 7th 2016, 5:47 PM

    Probably using free AV software

    14
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    Mute Mindfulirish
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    Aug 7th 2016, 3:44 PM

    They might have found info on ambassadors and politicians selling Irish passports. They may even have people apply and then look after their application.

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    Mute Peter
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    Aug 7th 2016, 4:29 PM

    Garda.ie is being redesigned, finally!

    10
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    Mute €uromancer
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    Aug 7th 2016, 6:17 PM

    With all the Garda cutbacks and underfunding, it’s more ‘Heartbeat’ than PULSE. I’d really hate to think anything bad happened to the Operation Mizen files though..

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    Mute fitzer
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    Aug 7th 2016, 11:18 PM

    Hope pulse doesn’t spit out all those speeding fines, Especially the supers.

    5
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    Mute Joey_Westland
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    Aug 7th 2016, 2:43 PM

    …….

    5
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    Mute Danny Ward
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    Aug 7th 2016, 11:06 PM

    Malwarebytes.

    2
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    Mute stefanovich
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    Aug 8th 2016, 10:57 AM

    Do the guards actually have a clue these days when it comes to computers? I remember back in the day. The internet a playground for the mischievous and the guards barely knew what a computer was.

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    Mute Gerry Fallon
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    Aug 7th 2016, 7:24 PM

    Yeah the virus is called the blue flu!

    1
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