Selling price of houses drops 15% in two years

THE selling price of houses has plunged by 15% over the past two years.

Selling price of houses drops 15% in two years

Asking prices, however, are just 3% below their peak in 2006, although Dublin is down almost 5%.

This is according to the latest MyHome.ie property report, which said sellers have begun to adapt to the realities of the market and are accepting lower prices.

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