irish house prices fall 52% in 4 years

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    http://www.irishtimes.com/newspaper/finance/2012/0103/1224309734813.html


    ASKING PRICES for houses in Ireland fell by as much as 18 per cent last year, two reports on the beleaguered Irish property market suggest.

    Property website Daft.ie said the average asking price for homes was now €175,000 – some 52 per cent below the 2007 peak and down 18 per cent annually.

    Asking prices fell 7.7 per cent in the last three months of the year, the sharpest quarterly fall in asking prices to date, Daft.ie said.

 
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