Irish house prices are steepening their decline, down 17.8% Y/Y in February, against a 17.4%...

|By:, SA News Editor

Irish house prices are steepening their decline, down 17.8% Y/Y in February, against a 17.4% drop in January, and 10.8% a year ago. The official data has prices off 49% from the peak, and Davy chief economist Conall Mac Coille believes the bottom won't come until they've declined 65-70%.