Leitrim auctioneer disputes house price rise of 40% in last 12 months

A Leitrim auctioneer says house prices in the county have increased in the past year, but not by 40%.

Gordon Hughes was commenting on reports from MyHome.ie showing a yearly increase of over 40% in asking prices for a 3 bedroom semi-detached house in the county.

The report says the average asking price for the size of house in Leitrim now stands at an average of €157,000.

The estate agent says that asking prices may have increased substantially in the past year, but the evidence on the ground is showing an average of a 20% rise in the cost of properties that have been sold