Friday, October 28, 2005

Permanent tsb/ESRI House Price Index

According to the latest edition of the permanent tsb/ESRI House Price Index the price of houses for First Time Buyers rose by 9.4% over the first nine months of this year compared to an increase of just 4.8% for second time buyers. The 'monthly standardised price' table is available here this dates back to 1996 when a 3 bed semi would set you back €69,350 compared to €263,715 in 2005. The average price paid for a house by a First Time Buyer is now just short of a quarter of a million euro – some €242,172.

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