Residential property prices in Ireland increased by 8.4% nationally in the 12 months to October 2018, the latest official figures show. This compares with an increase of 8.5% in the year to September and an increase of 11.7% in the 12 months to October 2017, according to the data from the Central Statistics Office.

In Dublin prices increased by 6.3% with house prices up by 6.6% and apartment prices up by 5.7%. The highest house price growth in Dublin was in Dún Laoghaire-Rathdown at 8.2%, while the lowest growth was in South Dublin at 5%.

In the rest of Ireland, excluding Dublin, prices were up by 10.6% with house prices up by 10.3% and apartment prices up by 14.5%. The region outside of Dublin that saw the largest rise in property prices was the Mid-West at 21.5%, while the smallest was recorded in the Mid-East at 8.3%.

Overall however, the national index is still 17.6% lower than its highest level in 2007. Dublin prices are 20.1% lower than their February 2007 peak, while prices in the rest of Ireland are 22.7% lower than their May 2007 peak.