GalwayBayFM

Property prices in the West increase by 6 per cent

Share this article
Property prices in the West increase by 6 per cent

Property prices increased by seven point three per cent in the year to October.

That's a slight decline in the rate recorded the previous month.

In the West, which includes Galway, Mayo and roscommon, the rise was 6 per cent

CSO figures show the cost of buying a home went up by 7.3 per cent in the 12 months to October, that's down from a rate of 7 point 5 per cent in the year to September.

Advertisement

Properties outside the capital increased by almost 9 per cent, while Dublin prices are up 5 point 4 per cent.

The median price of a home is now 381 thousand euro.

The region outside of Dublin with the highest price growth was the midlands, that's Laois, Longford, Offaly and Westmeath, where prices were up more than 15 per cent.

At the other end of the scale the West saw prices rise by 6 per cent, that includes Counties Galway, Mayo, and Roscommon.

Galway Bay FM News

Galway Bay FM News provides trusted, comprehensive coverage and analysis of local, national, and international stories.

Tune in every hour, Monday to Friday, 7am to 6pm, with breakfast updates at 7:30 and 8:30.

Catch the multi-award-winning FYI Galway from 5pm for all your news and sport, along with traffic and business information.

Download the Galway Bay FM app to get the latest stories on the go and stay connected on Facebook, Instagram and X

Advertisement