Mortgage rules 'impacting Dublin house price growth'

Mortgage rules 'impacting Dublin house price growth'
Central Bank says mortgage code 'working effectively'.

The annual rate of increase in residential property prices outside the capital in June was 15.2 per cent. This compared with 9 per cent in Dublin – the first time the Dublin figure has been below 10 per cent since May last year

Economists believe the Central Bank limits on mortgage lending are beginning to have an impact on residential property prices in Dublin, following new figures showing a much faster rate of growth outside the capital.

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