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Thu 07 Jul 2008Property prices fall further as Dublin second-hand homes drop by 10.4%
THE AVERAGE cost of a new house was just over 3 per cent lower in the first three months of this year than in the same period last year, according to new figures from the Department of the Environment.
Prices of second-hand houses suffered a sharper fall of 5.4 per cent, but the greatest decline was in the price of second-hand houses in Dublin which were 10.4 per cent lower in the first quarter of the year than in the same period of 2007.
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