Housing prices in Ireland fell this year for the first time since 2012, according to a new report from Daft. The property website’s latest survey shows prices fell 1.2 per cent during 2019, with the average cost of a house (including apartments) in the final three months of the year coming to €250,766. In the capital, residential property prices were down 1.2 per cent on an annual basis to €366,153, led by a 4.1 per cent year-on-year decline in south county Dublin to €566,776. Outside cities, prices were also in decline, with a 0.8 per cent annual retreat recorded in Munster and a 2.6 drop in Connacht and Ulster. PeakCompared to their highest peak in 2007, prices nationally remain 32 per cent lower.

Source: The Irish Times December 30, 2019 05:03 UTC