House prices rose by 8% on average over 2016 according to the latest house price report by Daft.ie<\/p>\n
Daft are forecasting that prices will continue to rise in 2017 and predict a 10% increase over the next 18 months .<\/p>\n
In Dublin Daft state that house prices in the capital rose by an average of 5.1% which was double the 2.7% rise seen in 2015 .<\/p>\n
Outside the capital the rise was greater at 10.1% however this was a drop on the 2015 rise which came in at 13.1% .<\/p>\n
The National average asking price for a home in the last quarter of 2016 was \u20ac 220,500 up from \u20ac204,000 for the same period of 2015 .<\/p>\n
Prices continue to rise outside the capital due to the shortage of available property in Dublin with sharp rises reported in Waterford \u00a0( 15% up ) Cork (9.2% up ) \u00a0,Galway ( 13% up ) and Limerick ( 14% up ) .<\/p>\n
House price inflation in towns and villages in Leinster is running at an average of 9% and at an average of 12% in Connacht -Ulster .<\/p>\n
Meanwhile the First -time buyers Help -to-buy scheme opened today for applications.first time buyers can recoup up to \u20ac20,000 in a tax refund to put towards the cost of purchasing a property .<\/p>\n
This scheme will stimulate demand in 2017 and unless supply starts to meet this new demand Dafts 10% rise prediction maybe underestimated and we could be looking at a price boom in all locations .<\/p>\n","protected":false},"excerpt":{"rendered":"
House prices rose by 8% on average over 2016 according to the latest house price report by Daft.ie Daft are forecasting that prices will continue to rise in 2017 and predict a 10% increase over the next 18 months . In Dublin Daft state that house prices in the capital rose by an average of […]<\/p>\n","protected":false},"author":4,"featured_media":379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[180,178,179],"class_list":["post-513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-capital","tag-house-prices","tag-inflation"],"acf":[],"_links":{"self":[{"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/posts\/513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/comments?post=513"}],"version-history":[{"count":1,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/posts\/513\/revisions"}],"predecessor-version":[{"id":514,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/posts\/513\/revisions\/514"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/media\/379"}],"wp:attachment":[{"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/media?parent=513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/categories?post=513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/project.blueberry.ie\/back4good\/cms\/wp-json\/wp\/v2\/tags?post=513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}