Property prices still falling in Ireland but at a slower rate, report suggest

[Nicholas Wallwork]

The average price of a residential property in Ireland has fallen 43% since the peak of the real estate market and now stands at €210,000, according to the latest index from Daft, Ireland’s largest property website. An ongoing mismatch between supply and demand in the housing market pushed asking prices down 3.1% in the first [...]

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[james.dan]

The property bubble in the Republic of Ireland began in 2000 and peaked in 2006, as with many other western European countries. Irish residential property prices dropped 3-4% in quarter one of 2011 and 13-15% in the last year.