Construction BUSINESS

Residential Property Prices Rise by 11.6% in the Year to November

 Breaking News
  • 45 Jobs Saved at Manley Construction Following Exit From Examinership Manley Construction has exited examinership after 100 days following a High Court hearing in front of Justice Marie Baker. Following the hearing, the company can continue to trade normally, saving 45 construction and administrative jobs at its Duleek, County Meath headquarters. Manley Construction has a strong portfolio of ongoing projects and this decision ensures the smooth continuation [...]...
  • Irish Construction Companies Raise Over €3.5 Million Through Linked Finance Linked Finance, Ireland’s leading peer-to-peer (P2P) lending company has raised over €3.5m for Irish construction businesses. 34 Irish construction firms including Farranconnor Building Products in Cork and Cairn Construction in Wicklow have raised funds through Linked Finance’s online lending platform ( Cairn Construction raised €30,000 through the platform to invest in machinery to facilitate business [...]...
  • Ecocem Ireland Launches First Hybrid Weather-resistant Bag Ireland’s premier producer of high performance, low carbon cement Ecocem Ireland has announced a new product development for the bagged cement market in Ireland and the UK. The upgraded offering sees the traditional paper bag being replaced by a stronger, more durable weather-resistant hybrid bag. The company made the announcement at its state-of-the-art facility in Dublin Port. [...]...
  • Expert Speakers Confirmed For Ireland’s Biggest Annual Project Management Conference The Ireland Chapter of Project Management Institute (PMI) has announced the expert speakers for Ireland’s premier conference on project management. With the theme The Change Makers, the Chapter’s annual conference takes place in the Aviva Stadium on 26 April 2018 and will see some of Ireland’s most respected industry leaders discuss managing, driving and achieving change. Notable speakers include Dr Norah [...]...
  • Dún Laoghaire-Rathdown County Council Provides Over €742 Million For Future Development Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020 will deliver a considerable number of infrastructural and housing projects that are of strategic importance to the County and the Region from both a social and an economic perspective. This will shape the development of [...]...

Residential Property Prices Rise by 11.6% in the Year to November

Residential Property Prices Rise by 11.6% in the Year to November
January 12
09:50 2018

In the year to November, residential property prices at national level increased by 11.6%, according to the CSO’s Residential Property Price Index November 2017 report. This compares with an increase of 11.8% in the year to October and an increase of 9.2% in the twelve months to November 2016.

In Dublin, residential property prices increased by 11.3% in the year to November. Dublin house prices increased 11.5%. Apartments in Dublin increased 11.8% in the same period. The highest house price growth was in Dublin City, at 13.3%. In contrast, the lowest growth was in Dun Laoghaire-Rathdown, with house prices rising 10.8%.

Residential property prices in the Rest of Ireland (i.e. excluding Dublin) were 11.7% higher in the year to November. House prices in the Rest of Ireland increased 11.6% over the period. The West region showed the greatest price growth, with house prices increasing 16.0%.  The Mid-West region showed the least price growth, with house prices increasing 8.9%. Apartment prices in the Rest of Ireland increased 13.2% in the same period.

Overall Decline

Overall, the national index is 23.1% lower than its highest level in 2007. Dublin residential property prices are 24.1% lower than their February 2007 peak, while residential property prices in the Rest of Ireland are 29.2% lower than their May 2007 peak.


From the trough in early 2013, prices nationally have increased by 71.6%. Dublin residential property prices have increased 88.1% from their February 2012 low, whilst residential property prices in the Rest of Ireland are 62.8% higher than the trough, which was in May 2013.

About Author



Related Articles

Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit

Upcoming Events

  • March 18, 2018Light + Building 2018
  • March 20, 2018Interbuildexpo 2018
  • March 21, 2018Neues BauEn
  • March 21, 2018BudEXPO
AEC v1.0.4

New Subscriber

Subscribe Here