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City house prices jump by 13 percent

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City house prices jump by 13 percent

Galway Bay fm newsroom - House prices in the city have jumped by 13 percent.

New data compiled by property website Daft.ie shows prices in the second quarter of 2017 were 13% higher than a year previously.

The average house price in the city is now €269,000, 67% above its lowest point.

In the county, prices in the second quarter of 2017 were 9% higher than a year previously.

The average house price in the county is now €182,000, 44% above its lowest point.

Nationally, house prices have risen by more than €2,000 a month.

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