At last there is a glimmer of light for homeowners
THE beleaguered homeowner is long overdue a break. Property prices have been relentlessly falling now for more than five years, but finally evidence has emerged that the worse may be over. The latest figures from the Central Statistics Office show that prices rose in June, when compared with the same month last year, by 1.2pc.
This was the first annual rise in prices for more than half a decade. The property crash in this country has been the second worst in the world after the one experienced by Japan.
And the price rise was across the country – values went up in Dublin, while apartment prices also rose.
Please sign in or register with Independent.ie for free access to Opinions.
Independent.ie Comments Facility
INM has taken the decision to remove the commenting facility on its online platform Independent.ie to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.
We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website Independent.ie