The Clare Champion Clare news, sport, entertainment and local notes
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 …
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