Price clarity is the upside of property crash

Transparency in the property market is more crucial for buyer confidence than government incentives, writes Carol Tallon.

27th January, 2013
House prices nationally fell by 0.6 per cent last month. Photo: Collins

The first Central Statistics Office (CSO) residential property price indices of the new year came out last week, and I think it's fair to say that some market watchers were a little surprised. Prices nationally fell by 0.6 per cent last month, with houses dropping 0.5 per cent and apartment prices rising by 2.6 per cent.

Despite the significant slowdown in the rate of decline, this latest monthly decrease will dampen much of the positivity brought into the...

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