An Instagram page has been set up highlighting what they call 'Crazy House Prices' all over Ireland - and it's gaining thousands of followers each week.
The page with the above title has amassed over 30,000 followers, posting and comparing different properties and their prices around the country regularly.
It highlights what they consider are the positives and negatives of the house with their posts receiving soaring interaction with each new piece.
Here's five of the latest posts of Dublin properties from the page that everyone is talking about:
You can check out the 'Crazy House Prices' page for yourself here.
House prices countrywide have risen by €20,000 in one year - almost 8% - with the largest increases being felt outside the capital.
The average house price has now risen to €276,000 from €256,000 over the same period last year.
The average national listed price of housing rose by 7.6% in the year to March 2021, according to the latest Daft.ie House Price Report.
The rise marks the second quarter in a row where prices were nearly 8% higher than a year previously, roughly twice the rate of inflation seen during 2018 and 2019.
The average sale price nationwide in the first quarter of 2021 was €275,751, up 68% from its lowest point in early 2013 but still one quarter below the Celtic Tiger peak.
In Dublin, prices rose by 6.9% in the year to March 2021, but the largest increases were surprisingly seen in the counties surrounding Dublin and in the other cities.
House prices countrywide have risen by €20,000 in one year - almost 8% - with the largest increases being felt outside the capital.
The average house price has now risen to €276,000 from €256,000 over the same period last year.
The average national listed price of housing rose by 7.6% in the year to March 2021, according to the latest Daft.ie House Price Report.
The rise marks the second quarter in a row where prices were nearly 8% higher than a year previously, roughly twice the rate of inflation seen during 2018 and 2019.
The average sale price nationwide in the first quarter of 2021 was €275,751, up 68% from its lowest point in early 2013 but still one quarter below the Celtic Tiger peak.
In Dublin, prices rose by 6.9% in the year to March 2021, but the largest increases were surprisingly seen in the counties surrounding Dublin and in the other cities.
Ronan Lyons, economist at Trinity College Dublin and report author, said: “The figures in this latest Daft.ie report confirm that the impact of Covid-19 on the sale market was a massive shock to supply, with seemingly far less impact on demand.
“The total number of homes listed for sale in the twelve months to February nationwide was just 45,700, down a third on the previous 12-month period. This sudden collapse in supply – at a time when demand has held up remarkably well – has converted into sharp upward pressure on prices.”
Mr Lyons added that the findings highlight the importance of supply in determining market outcomes and is a reminder that, even when the pandemic subsides, the need for a substantial volume of new homes to be built each year will remain.
