House prices continue to rise

Property prices are continuing to rise across the country, driven by growth in the capital.

Figures from the CSO show Dublin values are 23 per cent higher than this time last year with apartments in the capital seeing a massive 35 per cent increase.

Prices outside the capital are also rising, excluding Dublin, house prices are 7% higher now than in September 2013

Despite the rise in prices, residential values are still 44% lower than at the peak of the property boom in September 2007.

Business Journalist Ian Guider says the lack of supply is the main cause of the increase in prices;

Figures, courtesy CSO;