Key Points:

• 1.7% national decrease in year to December 2007
• Biggest drops in Dublin with 1.4% decrease in last Quarter (3.4% in the year)
• Falls in Asking Prices still substantially less than falls in Sale Prices

Dublin, February 7th 2008.  Asking prices for residential property have dropped by -0.2%  nationally over the last Quarter bringing the decrease for the last year to 1.7%, according to the MyHome.ie NCB Property Barometer published today.

The MyHome.ie NCB Barometer, based on an analysis of all properties advertised on MyHome.ie over the period, again shows the sharpest price drops in Dublin of -1.4% in the Quarter but with certain sectors and regions showing greater decreases:

Continue reading from source:  MyHome.ie