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Average Donegal house price now €145,000 30.06.17

THE average house price is Donegal now stands at €145,000, almost a third (28%) above the asking price at their lowest point in the recession.
The latest survey shows that prices from April to June this year were 5% higher than a year previously.
Meanwhile, the figures show that house prices nationally rose by more than €2,000 a month over the last year.
The 4.3% national increase in the second quarter of 2017 matched the rise seen in the first quarter, the report states. The national average list price during the second quarter of the year was €240,000. This was 11.7% higher than a year previously and over €75,000 higher than at its lowest point.
The number of properties being listed for sale continues to rise, the survey reveals.
More than 6,000 properties were listed in May, the highest monthly total since mid-2008.
Despite this, due to strong demand, the total number sitting on the market remains "very low", at 22,400 on June 1.
Report author Ronan Lyons said: “After two years where Central Bank rules had capped house price growth in the capital, the relaxation of those rules has helped drive prices further up. Whereas non-urban markets had driven house price growth in 2015 and 2016, Dublin again is seeing increases that are above the national average."
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