Ireland records third biggest house-price fall in EU

| January 24, 2020

Ireland saw the third largest fall in house prices in the EU between 2007 and autumn 2019.

Figures just published by Eurostat show that Greece at 40 per cent and Romania at 27 per cent, recorded the largest decline in property prices.

Tim Hayes, political director with the EU Representation in Ireland, says the decline in Ireland is smaller as prices have recovered since the economic crash, but in the same period, rents have increased.

Interviewee: Tim Hayes

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