House and apartment prices grew at their slowest rate in two years in October, latest figures from the Central Statistics Office show.

The cost of a residential property increased by 8.4% in the year to October, the lowest annual rise since October 2016.

Continuing a hardening trend, prices outside of Dublin continue to increase at a faster pace than in the capital.

Price growth across Ireland outside of Dublin in the 12 months to October stood at 10.6%, compared with a rise of 6.3% inside Dublin.

The region showing the largest price growth was the Mid-West, where house and apartment prices jumped by more than a fifth (21.5%).

Within the Dublin region, south Dublin had the lowest growth rate at 5%.

Irish property prices have risen by 83.8% from their trough in early 2013, with Dublin prices almost doubling (+98%) from their February 2012 low.

Residential property prices in the rest of Ireland are 77.9% higher than at their trough, which was in May 2013.