7.3% yearly increase in Dublin asking prices, fastest in two years, driven by looser mortgage lending, strong labor market, and low supply.

MyHome reports a 7.3% yearly increase in asking prices in Dublin, with the fastest pace of growth in two years. Looser mortgage lending rules, a strong labour market, and a poor supply of properties are cited as factors driving the surge in house prices. The annual inflation in national asking prices rose to 7.3% by the end of June, with a high single-digit gain of 5-6% now expected for the year.

July 08, 2024
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