The European Central Bank has raised interest rates five times since last July in a bid to tame inflation and its president, Christine Lagarde, has signalled that another half-point move is planned for next month.
The CSO said here were 5,213 dwelling purchases by households in December, which represents a month-on-month increase of 6.4 per cent. The total value of transactions filed in December was €2 billion. The Dublin region had the highest median price in the year to December. Within the Dublin region, Dún Laoghaire-Rathdown had the highest median price , while South Dublin and Fingal had the lowest .