Uncertainty over end of fall in house prices

IN the past week several publications have emerged which indicate that far from the house price crash reaching the bottom it appears, at least if you believe daft.ie, to be accelerating.

Daft.ie suggests that the asking prices for houses are now 52% below the peak, showing an 18% fall in 2011. Myhome.ie, owned by The Irish Times, is a little less apocalyptic, suggesting a 43% fall.

The CSO, and Alsop Properties, basing their data to November on paid prices, suggest that the declines are 46% and 67% respectively.