Property in Ireland: One step back, two steps forward

Property in Ireland: One step back, two steps forward

In 2012, real estate in Ireland has fallen in price by 4.5%, but in 2013 it has become by 6.4% more expensive, according to ee24.com citing propertywire.com.

In Dublin, the #2 city in Europe by the investment attractiveness of the real estate, property prices have increased by 15.7% in the past year, including houses - by 15.3%, and apartments - by 20.8%. And prices will keep growing: now houses are worth by 47.4% less, and apartments - by 54.5% less than in the pre-crisis 2007.

The capital of Ireland has become a locomotive providing a growth of 6-percent nationwide. In the rest of the country housing prices increased only by 0.1% in 2013.