06/10/2015

Rise In House Prices Outside Dublin

House prices outside Dublin have increased by 13 % over the past year, according to a report by property website Daft.ie.

Home buyers are now typically paying €205,000, compared to €190,000 this time last year.

Prices in urban areas of Cork, Galway and Limerick are rising at a rate of almost 20% a year.

Nationally the average asking price reached its lowest point in Q3 of 2013 and has risen by €38,000 since then.

The report also shows that there are a greater number of properties available to buy in the Dublin market compared to a year ago.

(CD/LM)

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