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Houses outside Dublin continue to lose value

Property prices in Dublin will continue to rise this year - unless the Government takes immediate...
Newstalk
Newstalk

06.41 2 Jan 2014


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Houses outside Dublin continue...

Houses outside Dublin continue to lose value

Newstalk
Newstalk

06.41 2 Jan 2014


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Property prices in Dublin will continue to rise this year - unless the Government takes immediate action to address the shortage of family homes in the capital.

That's according to the latest property report from myhome.ie.

House prices in Dublin are now 28% higher than the national average and although prices have stabilised in other cities such as Cork and Galway - prices outside of the capital have yet to bottom out.

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Caroline Kellegher from DKM Economic Consultants says a number of measures should be put in place to stop a property bubble in Dublin emerging:


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