Latest figures show house prices continue to fall
Monday September 28 2009
House prices are continuing to fall according to the latest edition of the permanent tsb/ESRI house price index.
Average national house prices decreased by 1.5% in August compared to reductions of 1.1% in July and 1.5% in June.
Over the first eight months of this year prices have gone down by over 10% which is 4% more than they fell by for the same period in 2008.
The average price for a house nationally in August was €235,000 compared with €261,000 in December.
National prices according to the index have fallen by almost 25% since the price peak in 2007.
