Interesting

jetski

Very interesting to find the drops on irishpropertywatch.com have fallen to an average of 56 per day from an average of about 270+

Shallow the way ipw has hidden away this report that used to be on the front page

http://irishpropertywatch.com/salesSearch.php

gurramok

Interesting in that it was carried out from the 9th to the 30th of August 2009 which just so happens to be a traditional lull period in the housing market year on year.

Lets see what has happened in Sept(traditional start to season) to know whats going on.

spockety

jetski wrote: »

Very interesting to find the drops on irishpropertywatch.com have fallen to an average of 56 per day from an average of about 270+

Shallow the way ipw has hidden away this report that used to be on the front page

http://irishpropertywatch.com/salesSearch.php

So, eh, what you're saying is that the market is still falling?

Cheers!

bugler

Someone wheel out "the rate of price decrease deceleration has shown signs of abating" quote.

jetski

bugler wrote: »

Someone wheel out "the rate of price decrease deceleration has shown signs of abating" quote.

Showing "signs" are you joking me.....

@ Gurramok..... "year on year" you say?

http://www.treesdontgrowtothesky.com/cache/daft_num_drops.png

Its blatant denial.... ye boys are just being silly now

jetski

spockety wrote: »

So, eh, what you're saying is that the market is still falling?

Cheers!

Yep, the market is still falling... now turn over and go back asleep

gurramok

jetski wrote: »

Showing "signs" are you joking me.....

@ Gurramok..... "year on year" you say?

http://www.treesdontgrowtothesky.com/cache/daft_num_drops.png

Its blatant denial.... ye boys are just being silly now

I can't read the graph on my screen, the months are too squashed to be readable. What does it say?

gdael

jetski wrote: »

Very interesting to find the drops on irishpropertywatch.com have fallen to an average of 56 per day from an average of about 270+

Shallow the way ipw has hidden away this report that used to be on the front page

http://irishpropertywatch.com/salesSearch.php

Im doing some research before i take the plunge. Want to make sure im doing the right thing.
I was looking for the rental and for sale, supply graphs, but i cant find them there.

Any idea where i can find them?

Found it, but why does it stop in July?
http://daftwatch.atspace.com/daftcounty_1.html

bugler

jetski wrote: »

Yep, the market is still falling... now turn over and go back asleep

You've yet to say why you find this interesting. Let's clarify. Have you called the bottom?

bangersandmash

1. As pointed out above, not a lot happens in August.

2. From what I can see properties are (very gradually) starting to come to the market already at comparatively more reasonable prices. Perhaps certain vendors or agents have realised the flaw in the tactic of holding out for a high asking price and then following the market down with drop after drop over a protracted time period.

jetski

bangersandmash wrote: »

1. As pointed out above, not a lot happens in August.

1. In terms of what exactly? i assume you mean people making purchases so if thats the case would the lack of activity not do anything but encourage more price declines? please explain.

Duckjob

My guess is people are desperately clinging to the hope that NAMA will somehow prop up their propertys value, and therefore are holding off on dropping their asking until they see what the actual effects of NAMA are.

We've seen a similar pattern of price-stickiness before any uncertainty (such as stamp duty changes), and NAMA is easily the biggest uncertainty ever to hit the market.