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Irish house prices climbed 7% yearly, with Dublin seeing a 5.1% increase, fueled by high demand and relaxed lending.
Irish house prices have risen by 7% over the past year, with prices outside Dublin increasing by 7.9% and in Dublin by 5.1%.
The median asking price nationwide is €395,000, €495,000 in Dublin, and €340,000 elsewhere.
Properties are typically selling for 7.5% above the asking price, driven by strong demand, increased mortgage approvals, and relaxed lending rules.
First-time buyers now borrow 3.4 times their income, up from 3.2 times in 2022.
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En Irlanda, los precios de la vivienda subieron un 7% anual, mientras que en Dublín se registró un aumento del 5,1%, impulsado por la elevada demanda y la relajación de los préstamos.