Houses prices increase by 17% in Waterford

Waterford Live Reporter

Reporter:

Waterford Live Reporter

House prices continue to rise in Waterford.

House prices continue to rise in Waterford.

The median price of a property sold in Waterford in March was €134,000 according to the latest statistics from the CSO.  The Central Statistics Office today reported that residential property prices increased by 12.7% nationwide in March. This compares with an increase of 12.5% in the year to February and an increase of 9.8% in the twelve months to March 2017.

In Waterford the average increase compared to last year was 17%.  

In Dublin, residential property prices increased by 12.1% in the year to March. Dublin house prices increased 11.8%. Apartments in Dublin increased 13.9% in the same period. The highest house price growth was in Dublin City, at 14.2%. In contrast, the lowest growth was in South Dublin, where house prices increased 9.6%.

Residential property prices in the Rest of Ireland (i.e. excluding Dublin) were 13.4% higher in the year to March. House prices in the Rest of Ireland increased 13.0% over the period. The West region showed the greatest price growth, with house prices increasing 18.0%. The Border region showed the least price growth, with house prices increasing 8.8%. Apartment prices in the Rest of Ireland increased 13.4% in the same period.