THE PRICE of an average second-hand three-bed semi in Co Carlow has jumped by 6. 9% in the last three months.

The current rate of inflation in the market is the highest seen in the 10 years since mortgage market rules were introduced.

The 2024 client survey scored twenty different factors out of ten on Ireland’s competitiveness with the corporate tax regime again rating highest at 7.44.

Prices in Carlow town rose 3.9% to an average of €270,000, with time to sell at three weeks

Housing price inflation reached an eight-year high as supply tightens further.

On average first-time buyers are spending 28% of their after-tax income servicing their mortgages and they are typically two years older than their UK counterparts

The price of buying a home in Ireland last year rose by 9 per cent, according to the latest report from Daft.ie

The ESRI modelled where house prices should be on the basis of various economic and demographic factors such as income, population, credit and interest rates.

Micheal Martin said supply had not yet risen far enough in response to a rising population for house prices to fall.

The breakingnews.ie housing tracker provides a regularly updated overview of property prices, rents and new home construction

A CSO report released on Wednesday showed that house prices increased by 10.1 per cent in the 12 months prior to August 2024.

The median price of a dwelling purchased in the 12 months to August 2024 was €345,000.

The latest MyHome.ie report shows the average asking price for house in Ireland is €365,000, an increase of 0.6 per cent on the last quarter.

The average price of a home is now €275,000, 46% above the level seen at the start of the Covid-19 pandemic

Very little new housing stock in Carlow

The REA Average House Price Index concentrates on the sale price of Ireland's typical stock home, the three-bed semi

The Society of Chartered Surveyors Ireland said ‘the widening affordability gap is a real concern’.

The price of a residential property in Dublin went up by 8.3 per cent

This was the seventh consecutive month that headline inflation in the residential property market has increased.

Prices in Dublin increased by 5.6 per cent, with prices outside of Dublin increasing by 6.5 per cent

Housing prices nationally rose by an average of 1.8% in the first three months of 2024, according to the latest House Price Report.

The latest REA Average House Price Index found prices in lower-priced counties topped the national average in the first quarter of the year

Prices were also up by 1.5 per cent on a monthly basis, the fastest level of monthly growth seen in nearly two years

If elected, what have Sinn Féin proposed to tackle the housing crisis?

Just 11,000 houses were listed for sale on Daft.ie on December 1st, 27% fewer than on the same date a year earlier.

Mortgage-approved first-time buyers are still the main market drivers, with 59 per cent of sales nationally

Sellers are putting houses on the market for an average of €330,000