City house prices up almost 9 percent since last year

Galway Bay fm newsroom - House prices in Galway City are up almost 9 percent compared to this time last year.

That's according to the latest report from property website Daft.ie.

The average home in the city is now €317 thousand, an increase of 8.6 percent year-on-year.

It's the second largest increase among the main cities, just slightly behind Limerick.

Meanwhile, in the county, the average home now is €209 thousand, an increase of 6.3 percent compared to this time last year.

The latest figures reveal that city house prices are now 95 percent above their lowest point - while the figure for the county stands at 65 percent.

Report author, Ronan Lyons, says overall, cities outside Dublin are all up...

To hear more, tune into Galway Bay fm news...