House prices in Donegal continue to rise

House prices in Donegal continue to rise.

The latest Daft.ie report shows that the average cost of a house in the county is now just over €199,750, up 19% from this time last year.

The number of new home transactions in Donegal has also increased by 19% to 76.

Nationally, asking prices rose by 9.5% over the past year.

Economist at Trinity College Dublin and author of the Daft report, Ronan Lyons, says a mixture of increased supply and higher interest rates could cause house price inflation ease:

 

You can read the full report here

 

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