Prices of second-hand houses are continuing to rise at a faster rate than new homes, according to the latest Government figures.
The Annual Housing Statistics Bulletin reports that new homes rose by 13% last year, while second-hand houses went up 16%.
Dublin continues to outpace the rest of the country, with the cost of new homes going up by 14% and second-hand properties rising by a fifth.
Minister for Housing Noel Ahern said it was important that momentum in the house building sector is maintained, and that the supply of housing continues at a high level.
