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21/11/2011
House Prices Nearly Half That Of 2007 Levels
House prices have nearly halved in four years, according to new figures from the Central Statistics Office.
Figures from the CSO released on Monday show that residential property prices fell by 2.2% during October, 15.1% lower than in same period last year.
Overall, house prices are 45% lower than their peak level in 2007 with prices in Dublin recording the biggest drop at 51% below peak levels and apartments down 60%.
House prices in Dublin fell 3.2% last month, giving an annual drop of 17.5%. Apartment prices in Dublin dropped 21.2% over 12 months, following a 2.3% during October.
Prices in the rest of the country fell by 2.1% in October, giving an annual drop of 13.8%.
(DW)
Figures from the CSO released on Monday show that residential property prices fell by 2.2% during October, 15.1% lower than in same period last year.
Overall, house prices are 45% lower than their peak level in 2007 with prices in Dublin recording the biggest drop at 51% below peak levels and apartments down 60%.
House prices in Dublin fell 3.2% last month, giving an annual drop of 17.5%. Apartment prices in Dublin dropped 21.2% over 12 months, following a 2.3% during October.
Prices in the rest of the country fell by 2.1% in October, giving an annual drop of 13.8%.
(DW)
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Rise In House Prices Outside Dublin
House prices outside Dublin have increased by 13 % over the past year, according to a report by property website Daft.ie. Home buyers are now typically paying €205,000, compared to €190,000 this time last year. Prices in urban areas of Cork, Galway and Limerick are rising at a rate of almost 20% a year.
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Property Prices Continue To Rise Across Ireland
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Property Prices Increase Nationwide In August
Residential property price rose by 2.3% across Ireland in August, according to the Central Statistics Office (CSO). New figures from the Residential Property Price Index shows that this is a 0.9% increase from July and a 0.1% rise from June. In Dublin, prices rose by 2.8%, an 8.2% increase than the same period last year.
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Residential property price rose by 2.3% across Ireland in August, according to the Central Statistics Office (CSO). New figures from the Residential Property Price Index shows that this is a 0.9% increase from July and a 0.1% rise from June. In Dublin, prices rose by 2.8%, an 8.2% increase than the same period last year.
30 April 2012
New Research On The Current State On The Irish Housing Market Published
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New Research On The Current State On The Irish Housing Market Published
The Central Bank of Ireland today published new economic research, entitled 'Why are Irish house prices still falling?' The Letter begins by assessing the current state of play in the Irish residential property market.
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Ireland WeatherToday:Scattered sleet and snow showers will turn increasingly heavy and more frequent in the afternoon across the north. Largely dry with sunny spells in the south, but showers spreading here towards the end of the day. Maximum temperature 4 °C.Tonight:Frequent, often heavy showers of rain, sleet and snow will affect most parts this evening and overnight, but are likely to be most frequent across the northeast. Minimum temperature -1 °C.
