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New reports show that house prices are beginning to stabilise

There's been an increase in the number of houses sold.  Figures from the Property Price Regi...
Newstalk
Newstalk

07.24 2 Jan 2013


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New reports show that house pr...

New reports show that house prices are beginning to stabilise

Newstalk
Newstalk

07.24 2 Jan 2013


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There's been an increase in the number of houses sold. 

Figures from the Property Price Register show just under 21,000 residential properties sold last year - that's over 15% more than in 2011.

And it seems property prices continue to fall.

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Two new reports out this morning from the websites My Home.ie and Daft.ie show that prices around the country fell by almost 3% from October to December last year - while in Dublin, prices decreased by 1.6%. 

My Home.ie says the average price of a house is €201,000 - whereas Daft.ie puts the national average at €151,000.

Managing Director of My Home.ie Angela Keegan explains why there's a difference in the figures:


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