Property prices in Ireland have been falling for three months. A new decline was recorded in February 2013, reports portal Nasdaq with reference to the Central Bureau of Statistics.
In February 2013, the cost of housing inIrelandfell by 1.5% compared to January 2013 and by 2.6% compared to February 2012. In addition, real estate prices fell by 0.6% in January 2013 and by 0.5% in December 2012.
The average property prices inIrelandwere 51% less than their peak in 2007.