Midlands 103

Search

Listen Live

On Air Now

7:00pm - 8:00pm

Country Life

Ultravox

Dancing With Tears In My Eyes

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

Teaching Council Inquiry On Enoch Burke Adjourned Until Friday

Mr Burke wants the chairperson to stand aside from the hearing.
Deputy Principal Of Offaly Gaelscoil Highlights Need For Irish Secondary Schools In Midlands

There's currently none in Laois, Offaly or Westmeath according to Department of Education figures.
Major Midlands Road Project May Take Years To Complete - Micheal Carrigy

The N4 Mullingar to Roosky is entering the design and evaluation phase.
Removal Of Three-Day Wait For Abortion To Be Voted On In Dail This Evening

Sinn Fein is tabling the motion, with TD's having a free vote on the issue.
Only Two Midlands Test Centres Meet 10 Week Wait Target

The centres are located in Athlone and Birr.
Laois TD Pushes For Tougher Measures On Israeli-Occupied Territories Trade

The legislation under debate in the Dáil is limited to the trade of physical goods.
Midlands College Closure Petition Closing In On 1,000 Signatures

The petition has almost 900 signatures.
Offaly Boxing Coach Appeals To Katie Taylor For Fight Tickets

Katie Taylor is set to fight Flora Pili at Croke Park this September.
Laois Rugby Club Secures Permission To Install New Floodlights

The floodlights will be located at their pitch in Lea.
Enoch Burkes Teaching Inquiry Delayed

The case is on complaints from his repeated attendance at a Westmeath School.
Nationwide Rollout Of Body Cams For Irish Prison Staff Confirmed

The technology had a trial run at Portlaoise Prison last year.
Concerns Raised Over Scope Of Social Media Restrictions For Under 16s

The UK is set to ban Under 16s from apps like TikTok and Snapchat.
House Prices Rising Fastest In The Midlands

Nationwide, the pace of price increases slowed to 6.2% in April.
Award-Winning Westmeath Cafe Welcomes Incoming VAT Reduction

Athlone's Beans and Leaves Cafe won most Dog Friendly Venue at the Ruby Heart Awards.
Enoch Burke Arrives At Teaching Council Misconduct Inquiry

The hearing takes place in Maynooth.
Over 2,250 Children Waiting For Disability Services In Dublin-Midlands Region

Since the end of March this year, the waiting list has included 8,200 children in total.
Woman Makes Appeal To Midlands Public Over Missing Engagement Ring

The ring was lost in Mullingar over the Easter period.
Long Awaited Midlands Road Upgrade Takes Next Step Forward

The Mullingar to Roosky N4 project is entering its third design phase.
Wendy’s To Open New Offaly Restaurant Next Week

The fast food joint will open June 23rd.
No Gaelscoil Option For Second Level Students In The Midlands

Many counties across the country don't offer secondary school education through Irish.

Download Our App

Never miss a moment from Midlands 103