Home News Laois house prices rise again since start of the year

Laois house prices rise again since start of the year

House Prices are on the rise
House Prices

House prices in Laois are up by six percent since the start of 2018.

On the day it was revealed that price growth has slowed to just under 0.5 per cent in Dublin, Laois continues to rise.

The Real Estate Alliance has released its quarterly house price index, which shows the county had the second largest rise in the cost of a three-bed semi-detached home.

Only Cavan have recorded a bigger rise.

In Westmeath and Offaly there were similar increases during the same period at just under three percent.

Nationally, there’s been a nine percent jump in the past year.

REA spokesperson Barry McDonald spoke to Midlands 103 this morning.

He said: “I think what we are seeing now is a stability coming into the market.

“This is directly linked to the lending rules that have been instigated by the Central Bank over the past number of years.

“We’ve seen good growth in house price values over the last few years but that is beginning to stabilize now.”

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