October 9, 2018 / 10:31 AM / 6 days ago

Irish house prices grow at slowest pace in almost two years

DUBLIN (Reuters) - Irish house prices grew 8.6 percent in the year to August, the slowest pace in 22 months, data showed on Tuesday.

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

Prices rose by 0.3 percent month-on-month in August, down from growth of 0.7 percent in July, the Central Statistics Office said.

Prices have increased by 81.1 percent since hitting a post-crisis low in 2013, fuelling a housing problem that has become a major political issue.

Reporting by Graham Fahy; Editing by Conor Humphries

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