New data from the Central Statistics Office (CSO shows that prices for residential properties rose by 7.8% in the 12 months up to December 2022 with the median price of a house in Ireland currently €305,000.
The Residential Property Price Index for December 2022 published on Wednesday showed that in the capital Dublin, prices rose by 6% and prices outside Dublin jumped by a whopping 9.3%.
The west of Ireland (Galway, Mayo, Roscommon) saw the largest increase outside of Dublin at 14.9%, with the southeast (Carlow, Kilkenny, Waterford, Wexford) only seeing a rise of 6.7%.