« BackKerry house prices on the rise

Kerry is among some rural counties that have seen a double-digit uplift in price performance in the year to date.


That’s according to Sherry FitzGerald which says the figures are an indicator that the recovery is becoming more broad-based. Meanwhile, according to Daft.ie in Kerry, house prices between March and June 2015 were 7% higher than a year previously. This compares to a rise of 5% seen a year ago. The average house price in Kerry is now €161,000, 14% above its lowest point. The Sherry FitzGerald House Price Index says the average value of residential property in Ireland rose by 0.6% in the third quarter of 2015, this brings growth in the year to date to 3.4%. This is a significant moderation on the 14% recorded in the same period in 2014. Sherry FitzGerald says Dublin house prices were largely flat in the third quarter, with a very moderate decline of 0.1% in the three months to end September. This is the first quarterly reduction in prices in Dublin since Q1 in 2012. According to Daft.ie from June to September the average asking price in Dublin fell by 1.4%, only the second fall in over three years. Outside the capital, however, the average asking price rose strongly, climbing by 3.9%.