DUBLIN (Reuters) - Irish residential property prices posted their fastest monthly growth in almost a year in August, while annual growth inched up for the first time since March.
Prices grew 2.3 percent in August, the fastest since October 2014. Annual growth increased to 9.5 percent from 9.4 percent in July.
While property prices across Ireland are on average 35.4 percent below their 2007 peak, the country's central bank introduced restrictions on mortgage lending in January to try to ensure rises do not return to unsustainable levels amid a shortage of supply.