Average price of 3-bed-semi rises to €200k

The average price of a three bed semi has risen to €200,000 for the first time since the property crash.

Average price of 3-bed-semi rises to €200k

The average price of a three bed semi has risen to €200,000 for the first time since the property crash.

Data from Real Estate Alliance shows prices in Dublin have jumped by almost 3% since June to €373,000.

The average Semi will cost you €68,000 in Longford - compared to €175,000 in Limerick - a rise of almost 5%.

Michael O'Connor from Real Estate Alliance says the lack of supply is a huge factor: "While I appreciate that in the budget next month the minister is trying to come up with some incentives, I believe that really we have to concentrate on supply.

"That's where our problem is, there is no point giving incentives to buyers, it's great but all it is doing is upping the demand and there is nothing happening with the supply and obviously prices are going to continue to go up."

more courts articles

Former DUP leader Jeffrey Donaldson arrives at court to face sex charges Former DUP leader Jeffrey Donaldson arrives at court to face sex charges
Case against Jeffrey Donaldson to be heard in court Case against Jeffrey Donaldson to be heard in court
Defendant in Cobh murder case further remanded in custody Defendant in Cobh murder case further remanded in custody

More in this section

Bomb scare at Justice Minister Helen McEntee's home roundly condemned  Bomb scare at Justice Minister Helen McEntee's home roundly condemned 
Family of missing woman 'deeply concerned for her safety' as gardaí appeal for information Family of missing woman 'deeply concerned for her safety' as gardaí appeal for information
British-Irish Council Summit Cabinet to discuss emergency laws to allow the Government to send asylum seekers back to UK
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited