House prices fall by over 20% in 2009

House prices in Ireland fell by over 20% in 2009, according to new figures.

House prices in Ireland fell by over 20% in 2009, according to new figures.

The rate of decline is however slowing, estate agent Sherry Fitzgerald said, with the average price of a second-hand home down by 4% in the final quarter of the year compared to 8.3% in the first quarter.

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