House prices recover in just three areas

HOUSE prices have finally begun to see a mini-recovery — but only if the property has an address in Monaghan, Carlow or Galway city.

Asking prices for homes in these areas rose during the summer months by a dramatic 10% in the case of Monaghan and Carlow and a more modest but no less surprising 1% in the “city of the tribes”.

But sales and rental website Daft.ie which published the figures, warned against declaring the property crash over — it points out that prices nationally fell on average by 3.5% during the July-September period and even in the three areas that bucked the trend, prices are still lower than they were this time last year.