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New report shows house prices continuing to increase

John Lynch -
New report shows house prices continuing to increase

House prices locally were higher in the third quarter of 2023 than a year previously.

 

That’s according to the latest Daft.ie report which shows market prices in counties Sligo, Leitrim and Donegal have each seen an increase.

 

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According to Daft.ie’s 3rd Quarter report, prices have risen in Leitrim by 7% compared to the same stage last year to €185,701.

 

In Donegal, the average house price has also risen by 8.3% to €213,782 while Sligo sees an increase of 8.9% to €205,559.

 

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Nationwide prices have increased by 3.7%- bringing the average listing price to €322,602.

 

The report claims prices in Dublin were 1.4% higher than a year ago, the lowest rate of increase since prices started to rebound in late 2020.

 

House price inflation was higher outside of the main cities, with year-on-year increases of 4% in Leinster, almost 6% in Munster and just over 8%  in Connacht-Ulster.

 

Economist and author of the report Ronan Lyons said house price inflation is easing in urban areas, but the picture is different outside of the cities.

John Lynch -