Average property prices are up 3% on last year, according to a survey carried out by the Irish Independent.
The ‘How Much is Your House Worth?’ guide to the property market highlights house type, condition and loan availability as new factors influencing prices.
Carlow and Kilkenny price increases are reflecting the national average, also at 3%.
However, Mark Keenan, Residential Property Editor with the Irish Independent says the situation for Carlow for the year ahead now doesn’t look promising:
“Our local expert is Sothern Real Estate Alliance. They’re actually predicting zero growth for all types of residential property in 2020.
“Some of this relates to Carlow’s designation last autumn as a Rent Pressure Zone, which has become something of a nightmare for local buy-to-rent investors. A lot of them are selling up and that’s contributing to an increase in supply.”
And he says it will be more or less the
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