New report indicates Brexit already impacting house prices in Donegal

Donegal is the only county in Ireland where there was a drop in the asking price of houses last year.

House prices rose by more than close to ten percent or 20-thousand euro on average across the country during 2017.

Sligo was in line with the national trend with house prices up by 8%.

In Leitrim there was a 2% hike but in its main town of Carrick-on-Shannon the increase was much higher at 6%.

The average price for a three bed semi in Leitrim remains the lowest in the country at €120,000 and in Sligo the asking price is now €130,000.

But Donegal has bucked the national trend with a 2% fall in the asking price which now stands at €137,000 there.

Ronan Lyons, Assistant Professor of Economics at Trinity College Dublin and author of the Report says the trends in Donegal appear to be down to Brexit: