Irish monthly house price growth cools
Irish monthly residentialproperty inflation cooled to a six-month low of 0.5 percent in October, down from an average of 1.7 percent in the previous five months, data showed on Tuesday. A recovery in prices that began in 2013 has accelerated sharply across the country this year with prices climbing 12.1 % in the year to the end of October as a long-standing lack of supply combined with surging demand. Prices are now 24 percent below the peak hit at the height of a property bubble a decade ago.
Tags : INTERNATIONAL