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60pc fall in apartment prices

PROPERTY prices in Ireland recorded their biggest monthly drop in 18 months during October, new statistics have revealed.

The Central Statistics Office said that house prices were back at 2000 levels - 45pc lower than the peak in 2007.

Dublin prices have fallen furthest, with house prices 51pc below peak levels and apartments down 60pc.

Overall residential property prices fell by 2.2pc during October.


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