House prices down 34% in past three years

House prices in Ireland have fallen by 34% in the last three years, according to the Institute of Professional Auctioneers and Valuers.

The organisation says a survey it conducted has found that a lack of access to mortgages is the main reason why people are not currently buying houses.

Some 27% of those questioned said they were not buying because they expected prices to fall further, while 18% said it was due to a lack of job security.

More on this topic

House prices predicted to rise further, according to Central BankHouse prices predicted to rise further, according to Central Bank

Varadkar allays fears of ‘land bubble’ amid home price riseVaradkar allays fears of ‘land bubble’ amid home price rise

House prices continue to rise with an increase of 12.4% in twelve monthsHouse prices continue to rise with an increase of 12.4% in twelve months

Warning about rate of rising house prices as figures show 13% increaseWarning about rate of rising house prices as figures show 13% increase


More in this Section

Dublin GAA club claims its future 'is in jeopardy' after joyriders destroy pitchesDublin GAA club claims its future 'is in jeopardy' after joyriders destroy pitches

Households accounted for one-fifth of greenhouse gases but paid over half of all environmental taxesHouseholds accounted for one-fifth of greenhouse gases but paid over half of all environmental taxes

'It's up to the House of Commons now' - Taoiseach raises Brexit pressure on UK'It's up to the House of Commons now' - Taoiseach raises Brexit pressure on UK

Appeal court allows receiver to repossess Capel Street building which housed former theatre and showroomAppeal court allows receiver to repossess Capel Street building which housed former theatre and showroom


Lifestyle

Leopard print midi dresses and sequins swirled beneath glossy goddess hair and golden headbands as the great and the good of Cork gathered for ieStyle Live.Leopard print and sequins to the fore at inaugural #IEStyleLive event

You have a long half-term break ahead of you all, and there’s only so much screen time anyone in the family can handle. Everyone is going to need a book-break at some point or another.We reviewed some of the best new books to keep kids entertained over half-term

Sexual politics, snideput-downs and family rivalries are fuelling the trouble brewing in a small Midlands town.Charlie Murphy and Pat Shortt star in new Irish film 'Dark lies the Island'

Robert Hume tells of the eccentric MP for Athboy, Co. Meath – born 300 years ago this month – who thought he was a teapot, and was afraid his spout might break off.A strange brew of a man: The MP for Meath who believed he was a teapot

More From The Irish Examiner