House prices rise by more than 15% in Carlow and Kilkenny in the last year
Kilkenny's are up 18% with Carlow's increase at close to 17%
The price of a home in Carlow and Kilkenny has risen by more than 15% in the last year.
Latest figures from Daft.ie show the average house prices locally are up significantly on 2020 with a 16.7% hike in Carlow to nearly €219,500.
Kilkenny saw an even bigger jump with prices up nearly 18% to an average of €259,000.
Neighbouring counties Waterford and Wexford have seen increases of more than 21%.
Report author Ronan Lyons says more people are looking to buy homes outside the capital since the pandemic started.
And he says prices are rising because there aren’t enough homes available to meet demand, noting “Pre Covid-19 there were about 25,000 properties available to buy nationwide, certainly 25,000/30,000 properties on the market would be normal and we’re seeing well below that at the moment so I think, while conditions are likely to improve over the rest of the year as the lockdown restrictions ease a little bit I don’t think we’ll be going to a healthy housing market”.
