span lang="EN-US">House prices rose in Dublin by 1% in the first quarter of the year compared with the previous three-month period but declined marginally in the rest of the country, according to a new report from MyHome.ie.
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span lang="EN-US">Nationally, there was no change in prices quarter on quarter, with a 0.4% decline recorded outside Dublin. On an annual comparison, prices rose 4.1% on average in Dublin and by 4.8% for the rest of the country. Nationally, the rise was 4.2%.
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span lang="EN-US">The house price report indicated interest in the property market remains high, noting that activity should bounce back once lockdown restrictions are lifted. Housing construction is set to return from 12 April, as the Government eases lockdown restrictions.
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span lang="EN-US">The average asking price for new sales nationally remained at €284,000, while the price in Dublin is €396,000 and elsewhere around the country it is €236,000.
