Property price fall slows to 1.5% drop

House prices are stabilising across the country but properties are still selling for 10% less than their asking price, according to property website Daft.ie

The research, using Daft’s own figures and the Residential Property Price Register, showed that the rate of decline in property prices fell from an average drop of 5.5% last year to a 1.5% average this year.

According to Daft.ie, this 1.5% fall has remained stable through much of the year and has not slowed or quickened sharply at any point.