House Prices in Ireland Rising 15% Higher than EU Average
An article in today’s Irish Independent illustrates the accelerated rate at which house prices in Ireland are increasing. This comes off the back of the latest edition of the Link2Plans National Housing Construction Index which shows a decrease in housing construction commencements for the first 3 months of 2015.
Shortage of supply combined with more stringent lending rules issued by the central bank have contributed to the rise in prices with areas outside the capital now increasing at higher rate than within.
Research from Daft now shows that the average asking price is above €200,000.
For access to full details on all multi-unit housing construction schemes and visit the Building Information Ireland website and avail of our free 10 day trial.
Building Information Ireland publishes researches data on all housing construction projects as well as every other construction sector for the 32 counties.
