Ireland is the world’s fastest-growing residential market in the world by capital value, according to Knight Frank’s newly released Global House Price Index.
Residential prices in Ireland rose 15% year-on-year in the 12 months to the end of September, but still remain 39% below their pre-crisis peak.
Ireland spent the years between 2009 and 2012 languishing at the bottom of the table following a devastating property crash in 2008.
Following in second place was Turkey with 14% year-on-year growth.
