{"id":6354,"date":"2019-03-25T07:51:16","date_gmt":"2019-03-25T12:51:16","guid":{"rendered":"http:\/\/irishexaminerusa.com\/wp\/?p=6354"},"modified":"2019-03-25T08:53:02","modified_gmt":"2019-03-25T13:53:02","slug":"house-prices-fall-in-dublin-this-year","status":"publish","type":"post","link":"https:\/\/irishexaminerusa.com\/wp\/?p=6354","title":{"rendered":"House Prices Fall in Dublin This Year"},"content":{"rendered":"

\"\"Property prices have dropped by around \u20ac7,500 in Dublin in the first three months of the year.<\/p>\n

That is according to the REA Average House Price Index for Quarter One.<\/p>\n

The average house prices across the country rose by 2.9% over the past year, a drop on the 4.6% recorded to December.<\/p>\n

The average semi-detached house now costs around \u20ac235,000.<\/p>\n

REA spokesperson Barry McDonald says Brexit is having an impact on prices in Dublin.<\/p>\n

“Certainly, there’s a lot of uncertainty around the whole Brexit question and that will continue on for quite a while by the looks of things,” said Mr McDonald.<\/p>\n

“There is concern about interest rates. They’re at a low level but there’s probably only one direction they will go in time and there’s certain concerns as to when that would happen.<\/p>\n

“But also in Dublin, you are looking at an average house price of \u20ac437,000 so as a result, you’re up into higher levels.”<\/p>\n

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