DUBLIN: Residential property prices fell at their sharpest rate in nearly a year last month with the decline in Dublin put at 1.3 per cent.
Despite the declines, the latest figures from the Central Statistics Office (CSO) show prices remain up on the same period last year.
Nationally, prices of both houses and apartments fell 0.5 per cent in November, the first recorded decline since February. It also comes on the back of a 1.6 per cent increase recorded in October.
The decline in the capital was even sharper with prices down by 1.3 per cent in November, the second largest monthly fall in three years.
While prices nationally and in Dublin fell last month, residential property prices nationally are up 6.5 per cent over the last 12 months while prices in Dublin are 3.3 per cent higher than a year ago.
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