There has been a 4.4% increase in residential property prices in the Greater Dublin area in the second quarter of 2013, resulting in the first four consecutive quarters of price rises since the peak of the market in 2006. The increase in prices over these twelve months totals 15.1% which is extremely positive news at long last for the beleaguered property market. However, it should be noted that the price rises are from a low base with overall prices levels still 61% below what they were at the peak of the market.