Irish average national house prices fell by 1.7% in Q2 2010; Fall in H1 2010 was 6.4%; Average price is at 2001 level
Jul 29th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish average national house prices in Ireland fell by 1.7% in Q2 2010 according to the Permanent TSB / ESRI House Price Index Quarterly Review published today. This is the lowest quarterly reduction since the second Quarter of 2008 [April – June inclusive] and compares to a reduction in Quarter 1 this year of 4.8% and a reduction of 3.9% in Quarter 2 of last year [2009]. The fall in average national house prices in the first six months (H1) of this year was 6.4%. The average price is at the 2001 level.