Dublin house prices 'down almost 65% since 2006'

House prices in the in Greater Dublin area have dropped by 64.7% since 2006, according to the latest results from the Douglas Newman Good House Price Gauge.

This drop in value was also mirrored in the organisations 2011 House Price Gauge which recorded a fourth-quarter average price fall of 5.3%, bringing the total annual price fall to 19.95%.