A new report shows property prices have increased by 9.5 percent in the past year.

Data published by property website, Daft.ie, shows the average asking price for home in the past 12 months was almost 312-thousand euro.

The average asking price in Dublin city was just over 429-thousand euro.

Prices increased more sharply outside of Dublin, with an average rise of 13 percent in Galway city in the past year.

But Economist at Trinity College Dublin and author of the Daft report, Ronan Lyons, says prices aren't going up as quickly outside of Dublin as they were during the pandemic..

 

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