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House prices fall 11%

LEADING property website daft.ie has found that asking prices for house prices in Clare fell by 11% between the last quarter of 2012 and the last quarter of 2013. According to their figures the average house price in the Banner county fell to €128,175, down 59% from the peak of the bubble. According to their figures, the average price for a one-bedroom apartment in this county is now just €45,000, while a two bed is €57,000. A three bedroom semi detached house is €83,000, while a four bed is €169,000. A five-bed semi detached house now has an average asking price of €189,000. According to the Daft figures the price of apartments was hit hardest in 2013, with the one beds down y 18.6% and two beds down by 16.1%. Regarding houses, the five beds were down by 15.7%, four beds by 11.3% and three beds by 13.6%. The Daft report showed a two speed property market, with Dublin seeing …

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