Property prices inflation at highest rate in three years – Independent.ie

PROPERTY prices have rocketed upwards in July as the housing crisis worsens.

The scarcity of homes to buy has seen prices increase by 8.6pc in the year to July, figures from the Central Statistics Office show.

This is a three-year high, with economists suggesting there is now panic buying in the market.

Dublin prices were up by 8.1pc, and prices outside Dublin rose by 9.1pc, as the market rages out of control.

Read the full article at: www.independent.ie

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