January 15, 2020 / 11:27 AM / 11 days ago

Irish house prices post annual growth of 1.4% in November

A crane is seen behind a row of residential properties in the Capital Dock area of Dublin, Ireland December 5, 2016. REUTERS/Clodagh Kilcoyne

DUBLIN (Reuters) - Irish residential property prices posted annual growth of 1.4% in November, the fastest growth in three months, but down sharply from growth of 7.2% a year ago, data showed on Wednesday.

House prices have stabilised over the last year having shot up for five years following a crash just over a decade ago. Prices remain 16.8% below the 2007 peak nationally, the Central Statistics Office said.

Reporting by Conor Humphries; Editing by Catherine Evans

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