House prices in Cork rise, but there is a slowdown in sales

The average price of houses in Cork rose during the first half of 2016, although there was a slowdown in the number of sales in the property market.

An analysis of the Residential Property Price Register (RPPR) shows that transaction levels for the first six months of the year in Cork were down almost 5%.

A total of 2,239 full-price sales were recorded between January and June 2016 — 116 fewer than in the same period last year.