The newly released Residential Property Price Index June 2023, show house prices in Waterford and counties in the South East have risen by 5.5% in the last 12 months, the sharpest increase in the country.
The second highest increase was in the mid-west, where prices rose by 5.3%, followed by the mid-east at 5%. Prices in Dublin decreased by 0.9%.
Nationally, the residential property price index increased by 2.2% in the 12 months to June 2023.
According to the report, 4,025 dwelling purchases by households, at market prices, were filed with the Revenue Commissioners, which was down by 1.7% compared with the 4,094 purchases in June 2022.
The median price of a dwelling purchased in the 12 months to June 2023, was €318,000.
The lowest median price for a house in that period was €160,000, in Leitrim and Longford, while the highest median price was €630,000 in Dún Laoghaire-Rathdown.
The most expensive Eircode area over the 12 months was A94 ‘Blackrock’ with a median price of €735,000, while F35 ‘Ballyhaunis’ had the least expensive price of €127,500.
The national index has now reached the value of 166.9, which is 2.1% above its highest level at the peak of the property boom in April 2007.