A House Price Report issued by Daft.ie yesterday shows that house prices in Donegal have risen by 12% in the past year.
The well-known property website reports that the average house price is now just over €138,000, 22% above its lowest point.
Although Dublin’s house prices remain stable but outside the capital, the average house price increase has been €43,000 since the end of 2013.
Economist Ronan Lyons, author of the Daft.ie report said that the recovery which began in Dublin in 2012 is now going ‘country-wide’, and reflects ‘increased employment’.
He also noted that people are not holding back from buying houses anymore due to fear that the prices may fall lower.
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