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28/02/2012
Residential Property Prices Drop By 17.4%
In the year to January, residential property prices at a national level, fell by 17.4%, according to the CSO
This compares with an annual rate of decline of 16.7% in December and a decline of 10.7% recorded in the twelve months to January 2011.
Residential property prices fell by 1.9% in the month of January. There was a decline of 1.7% recorded in December and a decline of 1.1% in January of last year.
In Dublin residential property prices fell by 4% in January and were 21.1% lower than a year ago. Dublin house prices decreased by 4.1% in the month and were 21.7% lower compared to a year earlier. Dublin apartment prices were 18.4% lower year-on-year.
The price of residential properties in the Rest of Ireland (i.e. excluding Dublin) fell by 0.7% in January. A similar rate of decline was recorded in January last year. Prices were 15.1% lower than in January 2011.
(GK)
This compares with an annual rate of decline of 16.7% in December and a decline of 10.7% recorded in the twelve months to January 2011.
Residential property prices fell by 1.9% in the month of January. There was a decline of 1.7% recorded in December and a decline of 1.1% in January of last year.
In Dublin residential property prices fell by 4% in January and were 21.1% lower than a year ago. Dublin house prices decreased by 4.1% in the month and were 21.7% lower compared to a year earlier. Dublin apartment prices were 18.4% lower year-on-year.
The price of residential properties in the Rest of Ireland (i.e. excluding Dublin) fell by 0.7% in January. A similar rate of decline was recorded in January last year. Prices were 15.1% lower than in January 2011.
(GK)
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House Prices Drop 15%
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House Prices Drop 15%
Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
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Property prices have increased to 12.8% in the year to September, according to the latest figures from the Central Statistics Office (CSO). In Dublin, residential property prices increased by 12.2% in the year to September, with house prices increasing to 12.4% and apartments increasing to 11.4% in the same period.
Property Prices Continue To Rise Across Ireland
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25-Year-Old Arrested For Attempted Murder Of Police Officers
A 25-year-old man has been arrested after using a tractor to ram three police cars in an attempt to evade capture. Officers investigating a report of a drink driver in Fivemiletown attended an address in the Tattenabuddagh Lane area just after midnight on Saturday 24 September as part of their enquiries.
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Ireland WeatherToday:Much of the day will be dry with sunny spells and becoming very warm and humid. Cloud will increase from the south later with an increasing risk of showers breaking out this evening. Maximum temperature 25 °C.Tonight:Rather cloudy with scattered showers for a time but many places will stay dry. It will be very mild and humid during the night. Minimum temperature 14 °C.
