A new analysis report of house prices in Dublin – as revealed in The Sunday Independent – shows that prices in the capital are starting to slowdown.
Prices have slowed dramatically in Dublin 4 which is notoriously known as one of the most expensive areas in Dublin.
As well as this, Price inflation has also fallen to around 1% in two other areas of north Dublin.
It is said that finally, “supply is starting to meet demand.”
The study was based on average sales for three types of housing: two-bed apartments and three and four-bed semi-detached houses.
South Dublin is still the fourth most expensive location in the capital, but their prices are falling with the price of a two-bedroom apartment rising by 2.5% to almost €349,000.
Prices in Dublin 2 jumped by nearly 18% while Dublin 6, 7 and 1 also seen significant bounces of over 11%.
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