New figures from property website Daft.ie show the asking price for a home across Clare is down 3 and a half percent in the first three months of 2011- it now stands at an average of 190 thousand here.
Nationally Daft found house prices fell by around 3 percent – while a similar report out today by myhome.ie put the drop at 4.
- Advertisement -
However both property websites believe that in the light of the bank stress tests and higher interest rates ,downward pressure may remain on the property market –
Economist with Daft.ie Ronan Lyons says smaller homes have shown a marked reduction in price however larger homes are still expensive.
+
