In Ireland In the first quarter of 2017, home price increased to 4.3%

In the first three months of 2017, home prices in Ireland increased to an average of 4.3%, thus showing the highest growth in the first quarter in the previous two years. Now the average cost of residential property amounted to 230 thousand euros, which is 9.4% more than last year.

Since the beginning of this year and until March, the average house price in Dublin has increased to 8.7%. The cost of residential property also increased and in other major cities of Ireland.  At the same time across all the country, a decrease in the number of residential properties put up for sale is noticed. In March, 20500 homes were sold in Ireland, compared with 24000 of residential properties one year earlier.

As experts comment, the changes of rules for granting mortgages promoted the price increase, initiated by the Central Bank of Ireland, and the introduction of a new scheme for facilitating the acquisition of residential property.

I recommend
No recommendations yet

Feedbacks and comments

Write feedback
Write comment

Please leave a constructive, reasoned and informative text relating to the quality of the company's work, on the example of personal experience.

Not allowed: use of non-normative obscenities, threats or insults; direct comparison with other competing companies; placing a links to third-party Internet resources; advertising and self-promotion, statements related to the company's activities.

Enter e-mail:
Your e-mail will not be shown on the site
or Log in , for write feedback
Load photo:

Comments are designed to communicate and discuss the features of an enterprise or event, as well as to find out the interesting questions on it.