THERE has been another strong rise in property prices. They rose by 10.6pc in May when compared with a year previously, the Central Statistics Office said today.

In the month of May, prices nationally were up 2.3pc.
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But the surge in prices in the capital was double the national average.

Prices jumped by 22pc in Dublin compared with a year ago, after a rise of 4.2pc in the month.

Outside of Dublin prices were up 1.8pc compared with a year ago, and up 0.6pc in the month.

Prices over the entire country are still down 45pc from their peak in 2007, the Central Statistics Office said.