Property prices rose across Limerick in past six months

Chief Executive of the IPAV, Pat Davitt.

PROPERTY prices across Limerick have risen in the last six months, according to new figures in the Residential Property Price Barometer, published by the Institute of Professional Auctioneers and Valuers (IPAV).

The barometer looked at prices actually achieved by auctioneers for three and four bedroom houses and two bedroom apartments.

The prices of three bed homes in Limerick rose by 0.73 per cent, while the price of a four bed in the county rose by 2.10 per cent.

The price achieved for a two bedroomed apartment saw the largest increase with 2.60 per cent.

IPAV Chief Executive Pat Davitt said the forthcoming October Budget will need to contain unprecedented measures to arrest the housing crisis and the “resultant seismic shift in our demographics.”

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