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Increase in land prices across Galway as national values reach highest level since 2008

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Increase in land prices across Galway as national values reach highest level since 2008

Galway Bay fm newsroom - There's been an increase in land prices across Galway over the past year.

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That's according to a study from the Irish Farmer's Journal, which shows land across the county is currently valued at €7 thousand per acre on average.

Nationally, the cost of land has risen to its highest point since 2008.

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It's believed the increase may be linked to working from home and more people wanting to move out of cities.

The highest prices is in Donegal, at €17,700 per acre - while the lowest is in Leitrim, where the current value is €4,400 per acre.

Paul Mooney from the Farmers Journal says there's expected to be growth this year again...

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

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