House prices still falling

House prices are continuing to fall according to the latest Permanent TSB/ESRI house index.

The survey has shown prices were down by just under half a percent across the country in July.

The cost of buying a home has now fallen by 3% since the start of the year.

The average price paid for a house in Ireland in July was just over €300,000, that is about the same as the price paid in July 2006.