The article compares three sources on Irish house prices: the Central Statistics Office's official Residential Property Price Index (CSO), and quarterly reports from MyHome and Daft. The CSO uses stamp duty data on completed sales, so it lags by at least two months, while MyHome and Daft use asking prices, which show market direction faster but can understate prices in a sellers' market. The CSO put annual inflation for prices paid at 5.1% in August (3.9% in Dublin), while Daft put asking-price inflation at 3% and MyHome at 3.9%. The CSO's average price paid over the 12 months to August was €442,512 nationally and €598,677 in Dublin, with wide gaps between Eircodes such as Dublin 6 (€995,709) and Dublin 10 (€333,391). The article notes the sources can differ significantly because of the gap between asking and sold prices.
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