The latest property price figures from the Central Statistics Office show that residential property prices rose by 10.5% in the year to April with prices outside of Dublin again increasing at a faster pace than those in the city.
This marks the fastest pace of growth since May 2015. House prices nationwide increased by 13.4% in the 12-month period, while apartment prices outside of Dublin grew by 16.3%.
The CSO said the West region showed the greatest price growth, with house prices jumping by 17.8%, while the Midland region showed the least price growth, with house prices there increasing by 9.3%.
Dublin residential property prices climbed 8.2% higher in the year to April.
Dublin house prices rose 8.1% while apartment prices in the city grew by 8.6%.
The CSO noted that the highest price growth was seen in Dublin City, with a growth rate of 11.1%, while the lowest rate of growth - 2.3% - was seen in Fingal.
The average market price for a home nationwide was €247,771. The average price for a home was higher in Dublin than in any other region or county, hitting €400,305. Of the four administrative areas of Dublin, Dún Laoghaire-Rathdown was the most expensive, with an average price of €563,011, while South Dublin was the least expensive, with an average price of €317,655.
After Dublin, the next most expensive region was the Mid-East, where the average price paid by households was €247,358. Within this area, Co Wicklow was most expensive, with an average price of €315,013.
The cheapest area to buy a home in the 12 months to April was the Border region, with an average price of €116,842. The least expensive county was Co Longford in the Midland region, with an average price of €88,837.
Good news for existing homeowners
The latest property price figures from the Central Statistics Office show that residential property prices rose by 10.5% in the year to April with prices outside of Dublin again increasing at a faster pace than those in the city.
This marks the fastest pace of growth since May 2015. House prices nationwide increased by 13.4% in the 12-month period, while apartment prices outside of Dublin grew by 16.3%.
The CSO said the West region showed the greatest price growth, with house prices jumping by 17.8%, while the Midland region showed the least price growth, with house prices there increasing by 9.3%.
Dublin residential property prices climbed 8.2% higher in the year to April.
Dublin house prices rose 8.1% while apartment prices in the city grew by 8.6%.
The CSO noted that the highest price growth was seen in Dublin City, with a growth rate of 11.1%, while the lowest rate of growth - 2.3% - was seen in Fingal.
The average market price for a home nationwide was €247,771. The average price for a home was higher in Dublin than in any other region or county, hitting €400,305. Of the four administrative areas of Dublin, Dún Laoghaire-Rathdown was the most expensive, with an average price of €563,011, while South Dublin was the least expensive, with an average price of €317,655.
After Dublin, the next most expensive region was the Mid-East, where the average price paid by households was €247,358. Within this area, Co Wicklow was most expensive, with an average price of €315,013.
The cheapest area to buy a home in the 12 months to April was the Border region, with an average price of €116,842. The least expensive county was Co Longford in the Midland region, with an average price of €88,837.