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New figures from property website Daft.ie show the average house price is now €312,500. It says an average fall of 3.8% in house prices was recorded between July and September.
This means that prices are down by almost 11% compared to the same period last year.
This is compared to a fall of 12% in the UK.
Question is 11% a big enough fall? Have we hit bottom. Considering it is thought Irish housing is overvalued by 85% I think no.
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