House prices down by 12.5% in year to July

House and apartment prices fell by 0.8% last month, according to latest figures from the Central Statistics Office (CSO).

House and apartment prices fell by 0.8% last month and are down 12.5% in the year to July, according to latest figures from the Central Statistics Office (CSO).

This compares with an annual rate of decline of 12.9% in June and a decline of 12% recorded in the 12 months to July 2010