Property prices decrease for second month in a row

Residential property prices have fallen for the second consecutive month in the wake of new lending restrictions imposed by the Central Bank.

Property prices decrease for second month in a row
Thu, 26 Mar, 2015 - 00:00
Dan Buckley

The cost of homes fell by 0.4% nationally in the month of February, according to the latest figures from the CSO.

Despite this fall, residential property prices remained up 14.9% on an annual basis.

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