According to the Q3, 2014 House Price Report released this week by Irish property portal Daft.ie, the average asking price for a house in Ireland has risen by 14% over the past year, led by an average rise of 25% in Dublin.

The average asking price nationwide is now €195,000, compared to €170,000 a year ago, and €380,000 at the peak.

Prices in Dublin have experienced annual rises of between 18% in North County Dublin and 29% in Dublin’s city centre. There were also significant double digit increases recorded in all of Dublin’s surrounding counties; Louth 14%, Meath 15%, Kildare 19% and Wicklow 20%.

Cork and Galway cities saw prices rise 11% and 13% respectively over the course of a year, while Waterford city centre experienced a 3% climb. Limerick city asking prices continued to fall over the same period by 4%.