Property prices in Ireland's capital rose 0.4 percent in May compared with the previous month, the first rise since April 2008, data on Wednesday showed.
Irish property prices have nosedived on the back of an economic collapse and Dublin has been hardest hit, with the price of houses and apartments in the capital having roughly halved.
The Central Statistics Office warned that individual monthly figures could indicate short-term volatility rather than the start of a new upward trend.
Nationally, Irish residential property prices fell 1.2 percent in May compared to a 1 percent drop in April.
Source: reuters (Created by Carmel Crimmins)
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