Slight growth in house prices

Asking prices for houses in Kilkenny have shown slight signs of growth in the third quarter of the year, with the latest survey from property website MyHome.ie showing that the median asking price for a four-bedroom semi-detached home rose by 1.2% to €169,000.

Asking prices for houses in Kilkenny have shown slight signs of growth in the third quarter of the year, with the latest survey from property website MyHome.ie showing that the median asking price for a four-bedroom semi-detached home rose by 1.2% to €169,000.

That represents an increase of €2,000, with prices now back at the same level they were at in the fourth quarter of last year. The annual rate of decline of 1.7% is also the fifth lowest in the country. The price of a three-bed semi in Kilkenny continues to fall, however, with the median asking price declining by 3% during the last quarter to €130,000 – a fall of €4,000.

According to a separate survey published this week by another leading property website, Daft.ie prices in the third quarter of this year were 4% lower than a year previously, compared to a fall of 14% seen a year ago. The average house price is now €140,000, 57% below peak levels.