House prices in city rise by 7 percent while county records increase of 2 percent

GBFM News

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Galway Bay fm newsroom - House prices in Galway city rose by 7% in the second quarter of 2019.

According to Daft.ie, the average house price is the city is now €305,000, 90% above its lowest point.

In the county, prices in the second quarter of 2019 were 2% higher than a year previously.

The average house price is now €205,000, 62% above its lowest point.

Nationally, housing prices in the second quarter were 3.7% higher than a year previously, the lowest rate of inflation since late 2013.

Despite the slowdown in inflation, the average price nationwide is now 60% higher than its lowest point in 2013.

AT 9, hear Daft.ie's Ronan Lyons....

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