House prices fall at one of sharpest levels worldwide

IRISH house prices fell by one of the sharpest levels worldwide in the last year.

House prices fall at one of sharpest levels worldwide

A survey, which covers house price growth in 50 countries, placed Ireland in 48th position with an annual fall of 11.9% on the global scale.

Russian houses fell by as much as 13.7% in the same period while Malta was just above Ireland’s drop at 4.1%. Dubai house prices fell by 8.2% for the year.

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