In Kilkenny, prices between July and September 2016 were 14% higher than a year previously, compared to a rise of 11% seen a year ago. The average house price is now €194,000, 47% above its lowest point.
This is in contrast to national figures which show that house prices rose by an average of 7.6% in the year to September 2016.
The figures were published recently as part of the latest House Price Report by Ireland’s largest property website, Daft.ie. While annual inflation in Dublin at 5.3% remains significantly below the rate elsewhere in the country (9.3%), the new figures show a change in the Dublin market, where inflation had been below 3% for a year.
The national average asking price in the third quarter of 2016 was €221,000, compared to €205,000 a year ago and €164,000 at its lowest point