Irish average national house prices in Ireland fell by 1.7% in Q2 2010 according to the Permanent TSB / ESRI House Price Index Quarterly Review published today. This is the lowest quarterly reduction since the second Quarter of 2008 [April – June inclusive] and compares to a reduction in Quarter 1 this year of 4.8% and a reduction of 3.9% in Quarter 2 of last year [2009]. The fall in average national house prices in the first six months (H1) of this year was 6.4%. The average price is at the 2001 level.

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  1. Average Irish national house prices fell 18.9% in year to Q1 2010
  2. Average Irish national house price fell 1.8% in October – - down 13.9% in 12-month period but based on low-sample size
  3. Average national house prices in Ireland fell by 18.5% in 2009 compared with 9.1% in 2008 – - 31.5% dip since peak in February 2007 and maybe more
  4. Irish House Prices: Asking prices fall 4% in second quarter of 2010; Outside Dublin, unsold stock remains high
  5. Irish house asking prices fell 19% in 2009