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House Prices To Drop Further-Good News For The First Time Buyer

 

Updated : Jul 16, 2009

House prices are on the verge of bottoming out, according to the latest survey from the Irish Auctioneers and Valuers Institute.

The survey shows values have dropped by around 9.2% in the second quarter of this year.

Munster homes were worst hit with their prices falling by nearly 11%, while Dublin prices dropped by almost 8%.

There's been a 17% decline in prices here since the start of 2009.

Again VeryHappyPig says some people like to promote this as bad news but here in Ireland’s only good news website we like to highlight the positives. After years of hearing how hard it was for the young first time buyer they now have an opportunity to get on the housing ladder.

 

 

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