Google Inishowen News & Business Directory
   
Drop Down Menu
  Business Directory Ad  

 

Donegal house prices on the rebound 04.07.16

DONEGAL property prices continue to rise with the average house price now at €138,000 - 22% above the lowest point in 2012.
Figures released today show that prices in the county were 12% higher between April and June this year compared to the same period in 2015.
The current national average asking price is €215,000, according to leading property website, Daft.ie.
Daft.ie said while prices in Dublin are now "effectively stable", they continue to increase strongly in other cities.
Prices in the second quarter of 2016 were 11.2% higher in Cork and 14% higher in Galway. Inflation outside the cities varies from 9% in Munster to 12% in Connacht-Ulster.
The total number of properties for sale nationwide recorded a rare increase between March and June, the report found.
Having reached a nine-year low in March, at less than 24,000, the total number of homes for sale in June was 25,260.
Report author and Trinity College economist Ronan Lyons said:
“While supply pressures have eased slightly in the last three months, the overall dynamic in the housing market currently is one of very strong demand pulling up prices.
“The obvious exception to this is Dublin, where Central Bank rules have linked house prices to the real economy. What we are seeing in the capital is buyers seeking out good-value locations." The average asking prices in cities nationwide now include Dublin (€314,311); Cork (€234,585); Galway (€236,853); Limerick (€153,892) and Waterford (€138,771).
Ronan Lyons.
Add to Favorites :: Return to > Top Stories    > News    > Home