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Wed 01 Jan 2009Prices of houses in Dublin fall by 16.5%
HOUSE PRICES in Dublin fell by 16.5 per cent on average last year, and estate agents forecast a further decline of about 10 per cent in 2009.
The apartment market fared the worst, with the prices of second-hand apartments in Dublin falling by just over 20 per cent, according to a new report from the Irish Auctioneers’ and Valuers’ Institute (IAVI). Prices of new apartments in the capital were down 18 per cent in 2008.
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