Daft: 'Asking prices down 8% in past 12 months'

The asking prices for houses advertised on Daft.ie have fallen back to the same levels as May 2006, according to the latest figures from the property website.

Average asking prices are down almost 8% over the past 12 months, with the sharpest falls recorded in Monaghan, Sligo, Offaly, Louth and Cavan.