Average asking prices for Irish houses fell by 14.66% in the 12 months to June 2009, according to new research by myHome.ie.
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Rising sales volumes together with a dwindling supply of housing for sale and a continued increase in demand are underpinning pricing levels, Hometrack has said.
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House prices in the UK rose by 0.9% in June, third rise in the past four months, according to the latest survey from the Nationwide building society.
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Average asking prices of properties new to the market fell for the first time in 5 months, suffering a slight
decrease of 0.4% in the month up to the 13th June, Rightmove has said.
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In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.
