The trend of relocating to rural Ireland since the pandemic is continuing with regional and town property prices increasing at twice the rate as city properties.
According to Real Estate Alliance, prices in Roscommon are up 4.3 per cent to 157,000 euro, in Leitrim prices are up 4.7 per cent, to 144,000 thousand and in Longford just 1.4 per cent of a rise is recorded with the price of a 3 bed semi detached now at 142,000 euro.
In Roscommon, 75 per cent of sales in the last three months were family homes to people returning from cities.
Together with reports from Myhome.ie and Daft.ie also out today, house prices have climbed over 9 per cent higher across the country compared to the same time last year.
According to Myhome.ie, the average house price nationally is now 308,000 euro, while the Daft.ie report has it at 288,000 euro.
Author of the Daft report Ronan Lyons describes why prices are rising faster in Mayo and Leitrim than other areas.
