Ireland Financial News – Mortgages & Banking

 Houses prices in Ireland fell by 9.1% last year. The House Price Index, published by the ESRI and Permanent TSB, indicates that the biggest prices drops were in commuter counties surrounding Dublin. House prices were down 16.8% in these regions in 2008.   Permanent TSB says houses prices now are where they were in the middle of 2005 and it is thought houses prices in 2009 will fall by a further 10%. It says the market will not recover until the economic situation in Ireland signif... read more »

  New figures from property website Daft.ie show that house prices have fallen again. It says the average price of a house is now €312,500, and that an average fall of 3.8% in house prices was recorded between July and September. Prices are down by almost 11% compared to the same period last year. Clare and Cork are the worst affected counties, prices in Clare have fallen by 7.8% and by 7% in Cork. Prices in Roscommon, Tipperary and Leitrim dropped by more than 6%. The websi... read more »