Average Irish national house price fell by 1.5% in June; Prices down 7.7% in first six months of 2009
Jul 31st, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Average Irish national house fell by 1.5% in June according to the latest edition of the permanent tsb / ESRI House Price Index. This compares to reductions in May (-1.3%), April (-1.9%) and March 2009 (-1.0%). In the first six months of 2009 national house prices have fallen by 7.7% which compares to a reduction of 5.0% in the same period in 2008. Measured over the 12 months (year on year) to June, national prices were down by 11.7%. This compares to a decline of 10.9% recorded in the 12 months to May 2009.