House prices in Kerry continue to rise.

House prices in the county are expected to show a steady growth in 2004 according to the Irish Auctioneers and Valuers Institute. In its annual property survey the institute is predicting that the decentralization of government offices planned for Killarney and Listowel will have an effect on the whole county. In their annual report Irish auctioneers and valuers point to the fact that although Tralee was ear-marked for growth under the national spatial strategy it failed to secure decentralization jobs.Instead over 200 government workers are to go to Killarney and Listowel. Despite this the I.V.A.I predicts that the relocation of government departments will not only enhance housing demand in those towns but also in the county capital tale. They say many puplic servants may wish to live in larger towns likeTralee and will be willing to commute to their workplaces. As a result the I.V.A.I feel housing demand in the county will be widely spread.Before the year end new 3 bedroom semis in Kerry were selling for around 250 to 265 thousand euro while second hand dwellings ranged from 220 to 260 thousand euro.These prices are expected to grow steadily in the coming year. Killarney in particular is to experience further upward pressure in the housing market however a number of new developments are due for sale in 2004 which should help curtail price increases.

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