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House prices rise by 14% as rate of increase slows slightly for first time in two years

RESIDENTIAL PROPERTY PRICES have grown by 14.2% nationally over the last 12 months to April 2022, according to new figures from the Central Statistics Office.

The rise in prices is slightly below increases reported last month - the highest increase in seven years - where it increased by 15.1% in the year to March 2022, a drop of 0.9 percentage points.

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