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Irish Examiner Reporter

He said the average asking price nationwide now stands at 177,000, compared to 171,000 a year ago and 380,000 at the peak.

March 2012 to 43,000 in March 2013 and to 33,000 in March 2014."

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She said a study showed the Dublin market bottomed out in Q4 2012, with the national market doing so in Q1 2013. "However, it's clear the recovery in house prices will not necessarily happen in a straight line and at the same pace around the country," said Ms Kelleher.

country, with homes in the capital now selling for an average of up to 30% higher than elsewhere, two separate reports on first quarter trends show.

He said between 2008 and early 2012, the figure was persistently above 50,000.

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Nike Uptempo Woman

House prices did increase in a number of parts of the country outside Dublin. Nike Uptempo Woman In Cork City, for example, the annual average rose by 1.6% to 170,335. In Cork county, however, it fell by 4.5% to 154,164.

above national average

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When the percentage increase was broken down by region, it showed that the rise in Dublin was 5.7% the largest since 2006 compared to just 2.3% across the rest of the country. Mr Lyons did, however, point out the quarterly increase outside the capital was the first since mid 2007.

The annual rise in Dublin list prices was 15%. That compared to a fall of 3.3% in the rest of the country.

"There are currently fewer than 2,300 properties listed in the capital, the lowest since June 2006," Mr Lyons said. "Less than 800 Dublin houses are coming on the market each month on average or 10,000 homes over the course of a year.

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"Despite this volatility, the figures show the recovery in Dublin continues to gather momentum while it has yet to Nike Uptempo Size 13

Nike Uptempo Woman

The recovery of Dublin property prices continues to far outstrip the rest of the Nike Air Uptempo On Feet

Nike Uptempo Woman

Nike Uptempo Woman

become firmly established elsewhere."

"The end of price falls around the country is unsurprising when taken together with the figures on supply," said Mr Lyons. "The total stock of properties sitting on the market fell from 54,000 in Nike Air Uptempo Black Ebay

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