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 Irish house prices fall 24% since 2007

houseline141House prices in the Republic of Ireland have lost 24% of their value since the peak of the Irish property market in early 2007, according to the latest Permanent tsb/ESRI House Price Index.
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 Irish Government gives green light for banks to increase rates

ptsb_logo-760339Irish mortgage lenders look set to raise their variable interest rates by 0.5% despite no increase of the ECB’s base interest rate and being financially backed by the Irish taxpayer.
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 Irish house prices at summer 2004 levels

houseline141The latest data from Permanent tsb / ESRI House Price Index has reported that the average house price in Ireland fell by 1.9 per cent in April and by 10.9 per cent over the past year.
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 Irish house prices down €55,000 from 2007

houseline141The average price paid for a house in Ireland during February was €255,999 down €5,574 compared with €261,573 in December and a peak of €311,078 reported in February 2007.
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House prices in the Republic of Ireland fell by 9.1% last year, according to the latest figures published by the ESRI and Permanent TSB.

House prices in the Republic of Ireland should pick up during the second half of the year according to Permanent TSB and the ESRI.

Permanent TSB and the ESRI have reported Irish house prices falling by 0.3% in August compared with July, giving an annual percentage drop of 1.9%.

The average price paid for a house in Ireland in May was euro2,453 less than the average price paid in April according to the latest edition of the permanent tsb / ESRI House Price Index.


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