Dublin property prices soaring

Joseph Millis
DUBLIN’S property prices are soaring faster than London’s, soaring 25.1 per cent in the year to August, easily outstripping the British capital’s 19.1 per cent rise.

Peter Stafford, the director of Property Industry Ireland, warned thr price rise “coupled with an increased number of transactions, will undoubtedly lead to further pressure on rents and increased demand for social housing, where there is already a huge shortage”.