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Kilkenny saw biggest increase in average house price in the country last year

MaryAnn Vaughan by MaryAnn Vaughan
15/01/2018
in KCLR News, News & Sport
Carlow businesses advised to check they are paying correct commercial rates

Red percent symbol inside the symbolic house. The arrow shows the rise and fall of percent. Financial concept

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Kilkenny saw the biggest increase in the average price of a three-bed home in the whole country in 2017.

Figures from the Real Estate Alliance expect the numbers will stay on the upward trend for 2018.

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Overall, the average house price across the country rose by 11.3% over the past 12 months – compared to 7.7% nationally in 2016.

However, in Kilkenny the price of your average 3-bedroom semi-detached home jumped by 23.3% last year.

House prices in the City alone rose by 27.4% in 2017, driven by a lack of supply of suitable homes on the market.

Experts are predicting the figures to rise by 10 percent in the county in 2018 and 15% in the city

The increase in Carlow last year was more modest but prices still went up by more than 8% in 2017.

And it’s expected to continue rising with a 6 percent hike predicted for Carlow this year.

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