Tag Archives: residential property

THE price of the average three-bedroom semi-detached house in Clare has increased by 3.57% to €145,000 in the first three months of 2016, a nationwide property survey has found. The Real Estate Alliance Average House Price Survey concentrates on the sale price of Ireland’s typical stock home, the three-bed semi, giving an up-to-date picture of the property market in towns and cities countrywide to the end of quarter one this week. The average house in Clare now takes five weeks to sell, down from six weeks in December. “There is strong demand in the Clare area but the main urban areas lack supply, which is having a positive impact on prices being achieved,” said Liam Browne from REA Paddy Browne in Ennis. The average three-bed semi nationally now costs €191,194, a rise of €2,824, or 1.5%, on Q4 2015. The average price of a three-bed semi in Dublin City and County has risen by 0.6% from €332,000 to €334,000 in …

The average value of residential property in Ireland rose by 0.6% in the third quarter of 2015, bringing growth in the year to date to 3.4%. This is a significant moderation on the 14% recorded in the same period in 2014. “Some of the more rural counties such as Clare, Kerry, Kilkenny, Monaghan and Sligo all saw a notable double-digit uplift in price performance in the year to date, an indicator that the recovery is becoming more broad-based,” remarked Marian Finnegan, chief economist, Sherry FitzGerald Group. Dublin house prices were largely flat in the third quarter, with a very moderate decline of 0.1% in the three months to end September. This is the first quarterly reduction in prices since Q1 in 2012. The growth in the year to date was 1.4%, compared to 16.6% in the same period in 2014. When Dublin is excluded from the national figure, the quarterly growth figure was 1.6%. The year to date figure came …