Housing Prices See Slight Rise In September

The price of a new home was 1.7 per cent higher in the three months to September, while second hand property prices fell by 1.6 per cent, compared to the same period last year.

The CSO today released the Residential Property Price Index for September and price trends for new and existing homes for the third quarter of the year.

September saw 3,193 property transactions recorded by the Revenue Commissioners, while that figure is down on the same month last year, it represents an increase of a third on August.

The overwhelming majority of sales for the month were existing homes while a fifth were new homes.

In the three months to September prices for new homes were 1.7 per cent higher compared to the same period last year while for second hand homes the prices were down 1.6 per cent.

Central Statistics Office figures show in the 12 months to September, the lowest median house price was 107,000 euro in Leitrim and the highest was 535,000 euro in Dun Laoghaire-Rathdown.