Average Dublin house is now four times dearer than one in Longford

It comes as evidence has emerged that the mortgage market is bouncing back with a jump in the number of home loans drawn down.

But property prices remain muted in many rural parts of the country.

Properties in Longford are selling for an average of €80,000, a new survey shows.

This is more than four times cheaper than the average price in Dublin of €380,000, according to data compiled for An Post’s GeoDirectory.

Low levels of property transactions and a three-tier housing market have been identified in the survey.

Read the full details in the Irish Independent

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