Dublin suffers most as property prices fall 40% across the country
Prices of houses and apartments collectively fell 40% since the peak of the property boom four years ago with regional variations showing a 47% fall in Dublin, which accounts for 40% of the market, and a 35% drop elsewhere.
The decline intensified in the last few months and with some economists predicting the slide in values would stop when prices reached 50% of their peak, that could see Dublin properties hitting a plateau within months with the rest of the country following next year.