House Prices In Clare Grow By 5%

House prices in Clare grew by nearly 5% last year.

Daft.ie’s report for 2017 shows the average price of a home here was just under €165,000.

That’s 4.9% higher than at the same point last year, but marks a quarterly drop of almost 2%.

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Meanwhile, another report from ‘MyHome’ points to an 8 per cent rise in prices in the coming year, saying the rate of increase will show due to a tightening of the Central Bank lending rules.

Chief Economist at Davy and author of the My Home report, Conall MacCoille explains: