GALWAY CITY BUCKS NATIONAL HOUSE PRICE TREND

Date Published: 03-Oct-2011
New research on the average price of residential property in Ireland shows that Galway city is bucking the national trend.
Asking prices for properties in the city rose by 1 per cent during the summer months as property values in the rest of the country's main cities continued to fall.
The figures compiled by property website daft. ie show that the average asking price of a property in the city stands at 218 thousand euro.
In the rest of the county, the average price for the period is recorded as 170 thousand euro - down 138 thousand euro from the peak.
