Property prices are continuing to rise but the rate of growth is now definitely slowing following the introduction of new mortgage lending limits.
The latest official figures show prices nationally rose by 0.5 per cent last month and are now 13.8 per cent higher than a year ago.
In Dublin, where housing shortages are most acute, prices actually fell by 0.1 per cent in May, indicating an annual inflation rate of 15.2 per cent.
Read the full details in the Irish Times
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