Wednesday, 18th October 2017
Social media Waterford Today on Twitter Waterford Today on Facebook

show 14% price rise in Waterford City

House prices nationally have risen by more than €2,000 a month over the last year, according to the latest House Price Report released by Ireland’s No.1 property website, Daft.ie.

The 4.3% increase in the second quarter of 2017 matched the increase seen in the first quarter.

The national average list price during the second quarter of the year was €240,000, 11.7% higher than a year previously and over €75,000 higher than its lowest point. The annual rate of inflation in Dublin, which was 12.3% in the year to June, now exceeds the rate in the rest of the country (11.3%) for the first time since early 2015.

In Waterford City, prices in the second quarter of 2017 were 14% higher than a year previously, compared to a rise of 17% seen a year ago. The average house price is now €159,000, 52% above its lowest point. In the rest of Waterford, prices in the second quarter of 2017 were 12% higher than a year previously, compared to a rise of 6% seen a year ago. The average house price is now €205,000, 42% above its lowest point.

In Galway, Limerick cities, the annual change in prices is even higher and is closer to 15%, while in Cork city, the rate is 9.2%. Elsewhere in the country, the average rate of inflation was 11.2%, but this varied from 7.8% in Connacht-Ulster to 13.4% in Leinster (outside Dublin). The number of properties being listed continues to rise. Over 6,000 properties were listed for sale in May, the highest monthly total since the middle of 2008. Nonetheless, due to strong demand, the total number sitting on the market remains very low, at just 22,400 on June 1st. While this is higher than three months earlier, it is 11% lower than on the same date in 2016 and roughly two-thirds below the 2008 peak. Commenting on the figures, Ronan Lyons, economist at Trinity College Dublin and author of the Daft.ie Report, 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. With each passing quarter, the imperative becomes even greater to address the high construction costs that are limiting the ability of supply to meet strong demand.” Martin Clancy from Daft.ie said: “Every minute over 1,000 property searches are being carried out on our website and apps, which gives an indication of the strong demand that is in the market at present.” Average list price and year-on-year change � major cities, Q2 2017

Dublin City: €352,975 – up 12.3%

Cork City: €256,201 – up 9.2%

Galway City: €268,535 – up 13.4%

Limerick City: €177,199 – up 15.1%

Waterford City: €158,861 – up 14.5%

The full report is available from http://www.daft.ie/report and includes a commentary by Ronan Lyons, Assistant Professor of Economics at Trinity College Dublin and author of the Daft.ie Report.

Facebook

Letters to the Editor

  • OUR VIEW

    Ophelia wreaks havocThe clean-up of in the aftermath of Hurricane Ophelia is now seriously underway. The ferocity of Ophelia was clearly signposted by the national authorities and their warnings were heeded by the general populace with a few exceptions. The whole of the country was virtually in shutdown for the whole of Monday with all air and land transport practically non-existent. Ireland to all intents and purposes was isolated from the rest of the world for most of the day.In Waterford City an …

    read more »

Weekly Poll

ankara escort pendik escort pendik escort kartal escort pendik escort ataköy escort ataköy escort mersin escort mersin escort ankara escort ankara escort bayan ankara escort bayan ankara escort beşiktaş escort istanbul travesti ankara escort ankara escort bayan ankara escort eskisehir suriyeli escort bayan sinirsiz escort bakırköy escort bayan halkalı escort bayan kartal escort bayan ankara escort Kurtköy Escort avcılar escort avcılar escort bursa escort antalya escort Ataşehir escort sisli escort esenyurt escort istanbul escort istanbul escort sex hikayeleri kurtkoy escort paykasa bozdurma paykasa bozdurma astropay bozdurma paykasa paykasa paykasa bozdurma paykasa astropay bozdurma justin kart bitcoin bozdurma paykasa bozum paykasa kart bozdurma paykasa bozdurma yüksek kur güvenli paykasa bozdurma seo bft türkiye seksiyonel kapı yükleme rampası Dış cephe mantolama otomasyon sistemleri maltepe escort maltepe escort ataşehir escort Kurtköy Escort pendik escort kartal escort kurtköy escort ataşehir escort ümraniye escort kurtköy escort kadıköy escort kurtköy escort kartal escort tuzla escort kartal escort ateşehir escort kurtköy escort pendik escort maltepe escort tipobet maltepe escort siktir lan gavat pendik escort pendik escort pendik escort pendik escort
wso shell url tara mass alexa sorgula base64 decode hacklink satış wordpress themes youtube mp3 download eskişehir escort escort eskişehir