ASKING PRICES DROP FURTHER IN GALWAY

Date Published: 29-Mar-2010

Asking prices for houses in Galway have fallen by 3 and a half percent in the first three months of this year.

According to the latest research from MyHome.ie, this is in line with the national average.

The average national asking price is now just over 301 thousand euro, down from 342 thousand this time last year.

However, the rate of decline appears to be easing off.

Angela Keegan, managing director of Myhome.ie says asking prices for homes in Galway have dropped by 40 percent since their peak.