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House prices in Carlow and Kilkenny continue to rise

Edwina Grace by Edwina Grace
28/03/2022
in KCLR News, News & Sport
The Week: Building Businesses, Dramatic Days, Property Pluses and Problems

Image Pexels.com

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House prices in Carlow and Kilkenny continue on an upward trend.

The latest report from Daft.ie shows prices in both counties are well up on this time last year even.

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In Carlow, prices in the first three months of 2022 were 11% higher than a year previously, compared to a rise of 14% seen a year ago. The average price of a home is now €236,000, 102% above its lowest point.

While in Kilkenny, prices in the first three months of 2022 were 6% higher than a year previously, compared to a rise of 18% seen a year ago. The average price of a home is now €269,000, 103% above its lowest point.

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The average listed price nationwide in the first quarter of 2022 was €299,093, up 8.4% on the same period in 2021 and just 19% below the Celtic Tiger peak.

The Real Estate Alliance is reporting a more modest increase in prices locally this morning.

According to its national survey, the price of a second-hand three-bed semi-detached home is up 3.8% in Carlow and 2.1% in Kilkenny on this time last year.

It found 35% of house sales in Kilkenny and 40% in Carlow were to first time buyers.

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