House prices rise in Carlow and Kilkenny while they remain steady in the Capital

House prices in Carlow and Kilkenny are rising rapidly as a result of the Central Bank lending rules brought in last year.

According to the latest Daft report, prices in commuter counties and beyond have risen by over 10% in the year to June 2016, while they’ve remained relatively stable in Dublin.

In Carlow, prices are up 6% to an average of €150,000 euro while in Kilkenny that figure is higher again at €188,000 – an increase of 13%.

The national average asking price for a house is €215,000, while in Dublin it’s over €314,000.

Daft economist Ronan Lyons says people are looking for cheaper places to buy.