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Confidence That Growth In Clare House Prices Will Slow

Confidence has been expressed that the rate of growth in property prices in the county will slow in the coming years.

Confidence has been expressed that the rate of growth in property prices in the county will slow in the coming years.

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It comes as a number of reports have been released today outlining a spike in prices from between 5% and 10% nationally in the past twelve months, with Clare among the areas seeing the higest rises.

Sherry Fitzgerald McMahon in Ennis says the ongoing lack of supply has been behind a ten percent increase here.

Auctioneer Diarmuid McMahon has been telling me that while he remains concerned over prices rises, he believes that once new homes come on stream, the rate of growth won't be as aggressive.

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