House prices fall more than a fifth since 2007 peak

HOUSE prices have fallen by more than a fifth since the property bubble peaked in February 2007, the latest market review revealed yesterday.

House prices fall more than a fifth since 2007 peak

Average prices are back to levels not seen since the heady days of the construction boom in summer 2004, according to a permanent tsb/ESRI study.

Prices paid last month are down just over 21% in the last two years, with a 10.9% fall in the last 12 months.

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