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Dublin house prices rise nearly 25% in 12 months

  • 24-07-2014 1:23pm
    #1
    handlemaster
    Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭


    http://www.irishtimes.com/business/dublin-house-prices-rise-nearly-25-in-12-months-1.1876799
    House prices in Dublin are now 42.7 per cent lower than at their highest level in early 2007. Apartments in the capital are 50.5 per cent lower than they were in February 2007.

    The price of residential properties in the Rest of Ireland is 45.8 per cent lower than their highest level in September 2007. Overall, the national index is 43.4 per cent lower than its highest level in 2007.



    No end in sight for Dublin price rises. I still think there will be a slow down towards the end of the year. The rest of the country is playing catch up at this stage.

    What are your predictions for year end December 2013/ December 2014


Comments

  • #2
    Potatoeman
    Registered Users, Registered Users 2 Posts: 4,523 ✭✭✭Potatoeman


    The free Northside paper that gets dropped round had a story that the government are looking at affordable housing again. I remember during the bust commentators said this fueled the boom by allowing people to buy property they could not afford.


  • #3
    handlemaster
    Registered Users, Registered Users 2 Posts: 6,003 ✭✭✭handlemaster


    Potatoeman wrote: »
    The free Northside paper that gets dropped round had a story that the government are looking at affordable housing again. I remember during the bust commentators said this fueled the boom by allowing people to buy property they could not afford.


    The government having a knee jerk reaction is never going to end well. Its like policy is decided on a monday morning while reading the red tops.


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