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Ireland: Average house price fell 11% - survey

Posted on 09 October 2008

From Irish Times: The national average house price fell by almost 11 per cent to €312,500 in the last year, according to a new survey. In the past three months, asking prices have fallen by 3.8 per cent across the country, as sellers remain slow to react to the new economic realities.

The latest Daft.ie house price report shows that the slowing property market has hit counties Clare and Cork the most, with asking prices falling 7.8 per cent and 7 per cent respectively in the third quarter, while in Roscommon, Tipperary and Leitrim, prices fell by more than 6 per cent. South Dublin county was the only region out of the 35 covered across the country to report an increase in asking prices, with the average house price increasing by 1.2 per cent to €600,874…… Full Article: Source


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