Though it is statistically the most expensive real estate area in the country, property prices in south Co Dublin have fallen by about 40 per cent, and up to 58 per cent in some instances - particularly in the case of new one-bedroom apartments.
A dearth of available three and four-bedroom houses, both new and secondhand, has helped sales of this type of property, where prices have fallen by between 35 and 50 per cent from peak levels.
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