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Average Donegal house price
€124,000
06.07.15
THE average house price
in Co Donegal now stands at €124,000, latest Daft.ie
figures show.
Prices between March and June 2015 were 9% higher
than a year previously, compared to a fall of 9%
seen a year ago. |
Report author Ronan
Lyons said: “The second quarter of 2015 saw the last
of those buying under the old mortgage rules and
already the Central Bank regulations about borrowing
are having a clear impact not only on overall house
price growth but also on the spread of house prices.
"In each of the five most expensive markets in the
country – Dublin 4, Dublin 6, Dublin 6W, Dublin 14
and South County Dublin – average prices currently
are more or less unchanged from September 2014, when
the Central Bank announced it would be capping
mortgages. |
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Ronan Lyons. |
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“On the other hand,
prices in Dublin’s commuter counties have risen by
more than 10% in the same nine-month period. A
reshuffling of demand from Dublin to elsewhere in
the country may help general economic activity
outside the capital. Ultimately, however, it does
nothing to address the growing supply shortages
faced by Dublin’s growing population," he added. |
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