This article first appeared on Galway Bay FM
The average price of a home in Galway increased by €35 thousand over the past year.
That’s according to the latest report from property website MyHome.ie.
It says the average price in Galway is now €330 thousand.
There were 615 properties for sale in Galway at the end of March – and that’s a drop of 6 percent since January.
Nationally, home prices are up by more than 8 percent over the year.
Chief Economist with Bank of Ireland, and report author, Conall MacCoille, says that trend could change if a US-EU tariff war hit high-earners and those working for multi-nationals.
