Property price inflation in Dublin continuing to accelerate

Good News KEEPS ROLLING IN !!! Property price inflation in Dublin and elsewhere is continuing to accelerate despite the Central Bank’s stringent new lending rules.

The latest Residential Property Price Index (RPPI) shows prices nationally rose by 1.6 per cent in August, giving rise to an annual rate of inflation of 7.2 per cent, the sharpest annual pace since June 2015.

In Dublin, where supply shortages are most acute, prices were up 1.5 per cent in August and by 4.5 per cent on an annual basis.

While the Central Bank’s macro-prudential rules, introduced in February 2015, tempered the market somewhat, demographic pressures combined with supply issues have kept prices on an upward curve.

Looking to have your property valued and putting on the market in the New Year, look no further than MTS Property, Rathgar, estate agents with over 20 years knowledge and expertise valuing and selling properties all over Dublin. FREE Sales Valuation. Call the MTS Team today 014959020.

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