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Irish house prices extend declines in 3Q - Surveys

Posted on 03 October 2011

Irish housing prices continued to fall in the third quarter as the country’s property market extends a nearly five-year losing streak, two property website surveys showed Monday.
Prices fell by 3.2% in the three months from July to September, leaving country-wide prices 42% below their boom-time peaks of 2006, according to property website Myhome.ie. It blamed the euro debt crisis, uncertainty about the scale of more government spending cuts and the scarcity of home loans for the price declines……………………………………….Full Article: Source

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