Cork city house prices rise 1.4% in three months, survey finds

10% of buyers came from outside of the country in the last quarter 

REA states that this is a marked slowdown on the 2.9% quarterly increase in the preceding three-month period, signalling a "cooling off of the frenetic demand in the marketplace". 

The price of the average three-bed semi-detached house in Cork city has risen to €350,000, the latest survey has revealed. 

The rise, reported by Real Estate Alliance, represents a 1.4% hike in house prices in the city over the last three months. Cork county saw a sharper increase over the last quarter, as the price of the average three-bed semi rose by 2.4% to €212,500.