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Debate House Prices
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House prices nosedive by 13.9%
macaque_2
Posts: 2,439 Forumite
Hmmm, it seems the renters have dodged a bullet over the past 12 months.
http://uk.news.yahoo.com/house-prices-fall-further-1-6-102606316.html
About the 70% Club
The 70% club is committed to accurate and truthful reporting on house price trends. It is not aligned with either the bull or the bear camp.
Simian Macaque ADHD
House prices took another nosedive towards the end of the summer, official figures have revealed.
The cost of residential property fell 1.6% in August taking the total collapse over the previous 12 months to 13.9%.
http://uk.news.yahoo.com/house-prices-fall-further-1-6-102606316.html
About the 70% Club
The 70% club is committed to accurate and truthful reporting on house price trends. It is not aligned with either the bull or the bear camp.
Simian Macaque ADHD
0
Comments
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House prices took another nosedive towards the end of the summer, official figures have revealed.
The cost of residential property fell 1.6% in August taking the total collapse over the previous 12 months to 13.9%.
The Central Statistics Office said homes have fallen in value by 43% since the peak of the market in early 2007.
Over the last four years house prices in Dublin are down 48% and apartments 57%, while the fall in residential property prices outside the capital is about 40% since the bubble burst.
Phew! It's Ireland they're talking about. You had everybody worried there for a moment.0 -
Is now a good time to invest in Irish property; how cheap is it?0
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It's still too expensive IMHO. Look at the vast overhang of unused property.No reliance should be placed on the above! Absolutely none, do you hear?0
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About the 70% Club
The 70% club is committed to accurate and truthful reporting on house price trends. It is not aligned with either the bull or the bear camp.
Simian Macaque ADHD
Good to have you back to your confident usual self monkey boy.
Didn't care much for you when it seemed you were in some doubt about the 70% stuff.
:cool:0 -
I guess we all had it wrong all this time - we should have realised that the 70% club referred to Eire rather than the UK - doh!JonnyBravo wrote: »Good to have you back to your confident usual self monkey boy.
Didn't care much for you when it seemed you were in some doubt about the 70% stuff.
:cool:I think....0
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