In Kerry, house prices between January and March 2016 were 6% higher than a year previously, compared to a rise of 8% seen a year ago. The average house price is now €165,000, 17% above its lowest point. Nationally house prices rose by an average of 5.9% in the year to March 2016, according to the latest House Price Report released today by Ireland’s largest property website, Daft.ie. The divide between Dublin and the rest of the country persists, with prices effectively stable in the capital – rising just 0.9% in the last year – compared to a rise of 9.7% on average outside Dublin. The national average asking price in the first quarter of 2016 was €210,000, compared to €198,000 a year ago and €164,000 at its lowest point. Meanwhile the number of properties for sale here has hit a nine year low, according to the website DAFT.ie. At less than 24-thousand, it’s at its lowest point since February 2007. The biggest falls in availability are now outside Leinster. Across Munster, Connacht and Ulster there were 13-and-a-half-thousand homes for sale in April 2016 – compared to 21-thousand two years previously.
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