Irish House Price Increases Compared to EU

In a recent report by Daft.ie  –  they said that house prices in Dublin were rising  by 25% a year  in mid-2014 ,but by the end of 2015 the annual  price increase was more like 3%.
Outside Dublin , the Daft report said,  mid 2014 saw annual house prices rises of  just 2%  – but at the closing of 2015 prices were increasing by 13% annually.

House prices in the EU overall  rose by 3.1% in the third quarter of 2015 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union.

The overall annual house price increase in Ireland given by Eurostat for the 3rd quarter of 2015 was 8.9%. This was the 3rd highest increase among the EU Members  for which data was available.
The highest annual increases in house prices in the  third quarter of  2015 were recorded in Sweden (+ 13.7%) , Austria (+9.3%) ,  Ireland (+8.9%) and Denmark(+7.2%).

House prices fell in  Latvia (-7.6%), Croatia (-3.0%), Italy (-2.3%)and France (-1.2%)

For the quarter from  October to December 2015 – The highest increases were recorded in  Malta (+6.2%),  Ireland (+4.5%), Austria (+4.1%), Sweden and the United Kingdom(both +3.9%)

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House prices in Ireland are forecast to rise by up to 5% in 2016  according to the latest house price survey from  myhome.ie.

Another survey of Irish  estate agents found that agents in the three main cities outside Dublin were forecasting 2016  rises of 10%  for Limerick city, 7% for Cork city and 3% for Galway City
In the same survey , agents were  predicting average house price increases of 5.6% nationwide in 2016 . But they forecast that house prices will fall by as much as 5% in some parts of Dublin . Overall, estate agents expect prices in the capital to rise by just 0.3% on average in 2016.