Midlands Home Prices Continue Upward Trend

Prices rose the most in Westmeath.

Asking price inflation for homes in the Midlands has risen to 5%.

In the last 12 months, prices are up 5.5% in Westmeath, 5.2% in Offaly, and 4.4% in Laois.

Nationally, data for May and June shows home transactions are being settled 7-8% above the original asking price. 

A survey from My-Home.ie also shows liquidity among existing stock of homes is at its weakest rate.

Author of the Property Report, Conall MacCoille says the average house is sold just once every 50 years. 

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