Midlands 103

Search

Listen Live

On Air Now

2:00am - 6:30am

The Late Night Mix

4 Of Us

Sunlight

Latest Report Shows Midlands And National House Prices Rising

Monday, 2 October 2023 07:28

Demand is driving house prices up once again.

The rate at which house prices are rising across the country has reached 4.1%.

A new MyHome.ie report for the third quarter of the year shows that's a slight increase of 0.6% nationally.

Midlands house prices rose sharpest in Offaly in this quarter, up €17,500 euro.

Property prices in Laois have risen by €10,000, while they were unchanged in Westmeath.

Davy Chief Economist, Conall McCoille says prices are rising again because of strong demand:

There were nearly 600 homes on the market in the midlands at end of the third quarter of this year.

That's one of the findings of MyHome.ie's latest report, which shows Westmeath offers the largest number of options in the region, at 219 - a marginal 1% decrease on the previous quarter.

That's followed by 186 in Laois, which is down 3%, and a 10% reduction in Offaly leaves the county with 172 houses for sale.

Mr. McCoille says there isn't enough supply to meet demand:

More from Midlands News

Over 2,400 Midlands Children Taking Part In The Little Library Initiative

The scheme encourages children to join their local library and pick up a free book bag.
Offaly Campaign Raises Awareness of Hidden Domestic Abuse

The flags will dotted on lamp posts over Offaly.
Irish Rural Link Welcome New Cash Access Law

Irish Rural Link CEO, Ballycumber's Seamus Boland says the law will help rural areas.
Laois Library Reunites Missing Library Book From Abroad

A member of Portlaoise Library found the book in a Spanish hotel room.
Westmeath Students Are Successful in Garda Youth Awards

Assistant Commissioner, Catharina Gunne presented each of 25 awards.
Westmeath Shopping Centre Joins UN Campaign to End Gender Based Violence

The Harbour Place Shopping Centre will be turning orange to support the campaign.
Farm Succession Meeting Taking Place In Laois Tonight

It aims to help farmers solve through issues that come up with succession.
Laois Gardaí Make Arrests Over Murder Of William Delaney

Mr Delaney was reported missing by his family in 2019.
Christmas Tree Controversy Resolved In Laois

A man had climbed the tree in Portarlington on Saturday night.
Negotiations To Resume at Offaly Meat Plant Following Suspension of Strike

Workers of the plant are seeking better pay, improved working conditions, and collective bargaining rights.
Midlands Learner Driver Numbers "Beggars Belief" - IRHA

It comes at a time when the Road Safety Authority is dealing with an increase in road deaths.
Westmeath Crash Causing M6 Delays

The incident took place around 7am this morning.
Gardaí Searching For Missing Laois Man

Tom Raftery was last seen in Portlaoise on Friday night.
Status Yellow Fog Warning Issued For Midlands Tomorrow

It comes into effect at 5 am tomorrow morning.
Offaly Author Releases Book On County's Place In Irish History

Tullamore's Raymond Daly has written "Ten Faithful Years" covering Offaly's role in the years 1913 to 1923.
Offaly Branch Of Charity Double Donations In Christmas Campaign

The Offaly Branch of Mary's Meals are holding fundraisers in Tullamore this month.
Music Generation Offaly Release Christmas Single

Students in Tullamore's St. Philomena's National School and Scoil Eoin Phóil Naofa feature on the track.
Midlands Youth Clubs Open Doors For Oíche na hÓige

Youth services are showing off the range of services they have in the Midlands.
Laois TD Highlights Importance Of Housing Defence Forces Veterans

Groups that work with veterans have come before the Oireachtas Defence Committee.
Laois People Crowned Most Hardworking In Ireland

The procure.ie study found Laois topped the polls in terms of commuting.

Download Our App

Never miss a moment from Midlands 103