Fitch: House prices to fall by extra 10%

HOUSE prices are likely to fall a further 10%, according to one of the world’s leading rating agencies.

Fitch: House prices to fall by extra 10%
Sat, 09 Oct, 2010 - 01:00
Niamh Hennessy

Fitch expected Irish house prices to drop in value by 45% from their peak.

The latest Permanent TSB/ESRI index said house prices have already plunged by just over 35% and Fitch said this probably understates the full decline.

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