The average price of a home in Longford increased by €6,000 in three months to €145,000.

Gordon Hughes is commenting in the aftermath of the latest Daft.ie property survey.

Daft.ie's new report shows the average price of a home nationally is just under 310-thousand euro.

The report also shows that house prices fell for the first time in the decade over the first three months of this year

The Central Bank is expected to loosen it's mortgage rules later today

The myhome.ie report for quarter three of this year was published today.

The trend of increases from month to month has begun to stabilise according to the report.

The shannonside region is on the lower end of the price index.