Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

The price of the average Dublin apartment is now 54 per cent lower than its peak in February 2007. Mark Stedman/Photocall Ireland

House prices falling at fastest rate in two years - CSO

The latest Residential Price Index shows that house prices dropped by an average of 2.1 per cent in June.

RESIDENTIAL PROPERTY PRICES are falling at their fastest rate in over two years, according to the latest data published by the Central Statistics Office.

The latest Residential Property Index indicates that the average house price in Ireland fell by 2.1 per cent last month alone – meaning that prices had fallen by nearly 13 per cent since June 2010.

Prices in Dubiln were down by 2.4 per cent on average in the last month, with house prices down by 2.4 per cent and apartment prices down by 1.5 per cent.

Apartment prices in the capital are now 15.3 per cent lower than they were in June 2010, while house prices are just under 12 per cent down on where they were at that time.

Outside of Dublin, the average residential property price fell by 1.9 per cent in June, meaning prices were exactly 13 per cent lower than the same time last year.

The continued freefall of prices in Dublin means that apartment prices are down by 54 per cent from their peak, of February 2007, while hosue prices are down by 47 per cent from their peak in early 2007.

National house prices, which also peaked in early 2007, are down by 42 per cent.

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
10 Comments
    Install the app to use these features.
    Mute Ruairí O'Mahony
    Favourite Ruairí O'Mahony
    Report
    Aug 4th 2012, 9:39 AM

    RIP. Such a sad loss.

    40
    Install the app to use these features.
    Mute mattoid
    Favourite mattoid
    Report
    Aug 4th 2012, 10:24 AM

    I’m taking it that comment was supposed to be sarcastic?

    If not you should forget the romanticised film version and educate yourself as to the kind of person he really was.

    3
    Install the app to use these features.
    Mute Ruairí O'Mahony
    Favourite Ruairí O'Mahony
    Report
    Aug 4th 2012, 10:26 AM

    No flies on you, eh?

    24
    See 2 more replies ▾
    Install the app to use these features.
    Mute mattoid
    Favourite mattoid
    Report
    Aug 4th 2012, 11:51 AM

    Apologies Ruairi if I didn’t spot the obvious, but there will probably be many on here who believe the folk-hero robin hood guff.

    The reality is that he was a career criminal from an early age for whom stealing horses and other livestock from his equally poor neighbours (Irish and otherwise) was just business as usual. He formed a ruthless personal vendetta against an (admittedly corrupt) police force and killed several of them in cold blood. He robbed several banks, but there is absolutely no evidence that he shared his ill-gotten gains with the wider community in any shape or form – the robin-hood label is totally misguided.

    7
    Install the app to use these features.
    Mute Sean Mc Avinue
    Favourite Sean Mc Avinue
    Report
    Aug 4th 2012, 3:26 PM

    And all because his father allegedly stole two pigs.

    10
    Install the app to use these features.
    Mute finbar m
    Favourite finbar m
    Report
    Aug 4th 2012, 12:30 PM

    There are two ways to rob a bank . First is the ned Kelly way go in with a gun and grab what you can ,,, then there is the new Irish was go in for a meeting with the the manager have a chat get a big loan ,,,, then don’t pay it back ,,,, blame everyone but your self ,,,, hide all the money you have in a different country and leave it for the Irish people to pay back ,,, so who is the biggest villain ?????

    33
    Install the app to use these features.
    Mute mattoid
    Favourite mattoid
    Report
    Aug 4th 2012, 2:12 PM

    Doesn’t mean the lesser villain isn’t still a villain though….

    8
    Install the app to use these features.
    Mute Richard Fennelly
    Favourite Richard Fennelly
    Report
    Aug 4th 2012, 12:30 PM

    ah lighten up he makes a good story

    21
    Install the app to use these features.
    Mute Noel Cronin
    Favourite Noel Cronin
    Report
    Aug 4th 2012, 9:33 AM

    In 100 years time the murdering gangs of today could well be revered as folk heros. Sad thought.

    14
    Install the app to use these features.
    Mute paudy o brien
    Favourite paudy o brien
    Report
    Aug 4th 2012, 10:15 AM

    Never mind in 100 years time. Sean Quinn is very popular in caven and within gaa. Micheal lowry is very popular in tipp. Mick Wallace is very popular in wexford. And even with some ppl having to hid there love for bertie his still got some support around the country. Just to.note I do not support any of the above.

    38
    Install the app to use these features.
    Mute Noel Cronin
    Favourite Noel Cronin
    Report
    Aug 4th 2012, 12:07 PM

    If he was alive today he’d probably be holding up cash in transit vans or conducting tiger kidnappings. That’s the sort of lad we’re talking about. Don’t let the fact he was Irish fool you into thinking he was a good man.

    He was a murdering thief, end of.

    7
    Install the app to use these features.
    Mute Sean Mc Avinue
    Favourite Sean Mc Avinue
    Report
    Aug 4th 2012, 8:44 PM

    “IF”………………..”PROBABLY” ………..
    It’s called the power of injustice, and injustice pays its price.

    2
    Install the app to use these features.
    Mute Caroline Locke
    Favourite Caroline Locke
    Report
    Aug 4th 2012, 4:40 PM

    So Robin Hood must have been a villain too?

    5
    Install the app to use these features.
    Mute finbar m
    Favourite finbar m
    Report
    Aug 4th 2012, 2:25 PM

    Very true !!!!!!

    4
    Install the app to use these features.
    Mute finbar m
    Favourite finbar m
    Report
    Aug 4th 2012, 5:32 PM

    Robin hood was a thief ,, nothing else ,, the English just like to look up to him

    4
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.
JournalTv
News in 60 seconds