House prices fall less in Cork

HOUSE prices in Cork are falling by less than the national average, with estate agents saying there are more cash buyers in the market.

According to Sherry FitzGerald more than a quarter of potential purchasers in Dublin are cash buyers, with many more waiting in the wings.

The Sherry FitzGerald house price index shows the average selling price of a second-hand property in Ireland fell by 4.6% in the third quarter, with Dublin seeing a 4.4% fall.