Ireland's real estate prices fell to the lowest level since
2000. Home prices in Dublin lost 65% in the last five years with 60% price
decline across country over the period. The house price index indicates the net worth
of property nationally declined by about 58.8% since 2006. The market is in the
freefall with accelerating deflation pace and lack of mortgage availability,
said Marian Finnegan, chief economist at the Sherry FitzGerald Group.
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