Market comment - Irish residential property price inflation slows to 3%

Davy Research
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Yesterday’s (June 13th) Irish residential property price figures were a mixed bag. The Residential Property Price Index (RPPI) rose 0.3% in April after March’s 0.1% increase, suggesting momentum is coming back into the market after the six-month Article 50 extension and coming into the busy summer trading season. However, Dublin house prices fell for a sixth consecutive month, with annual inflation now exactly zero.