Sponsored Links
House prices in Ireland dropped 1.8% month-on-month in October, the permanent tsb/ESRI House Price Index showed Friday. The latest decline came after falls of 1.1% in September, 1.5% in August and 1.1% in July.
During the first ten months of the year, average national house prices slid 12.7% versus a 7.8% decline in the same period last year. Over the 12 months to October, national house prices fell 13.9% year-on-year after a 13.1% decline in the 12 months to September.
In October, the average price for a house in Ireland was EUR 228,347, compared with EUR 261,573 in December and a peak of EUR 311,078 in February 2007. National prices have fallen 26.6% since this price peak, the report said, and are now at October 2003 levels.
In Dublin, house prices dropped 2.6% month-on-month in October after a 2.1% fall in the previous month. Outside Dublin, prices were down 1%, following the 1.3% dip in September. The average price for a house in Dublin and outside Dublin in October stood at EUR 292,631 and EUR 199,754 respectively.
The permanent tsb house price index is a 3-month moving average and is based on the agreed sale price and is calculated using data from mortgage drawdowns.
0 komentar:
Post a Comment