The real estate market in Ireland is one of the most stung in the world during the financial crisis. In particular, house prices in Dublin fell by 44% relative to peak performance. According to the portal Global Property Guide, during the year, from October last year to September of the current housing prices in Ireland fell by 14.94%, which is the worst figure among the 35 countries included in the study. Experts predict a further decline in the market price, considering that in 2011 they will reach their minimum values. Among the reasons for the decline, analysts say the economic crisis in the country, rising unemployment and a significant excess of supply over demand for housing. On this Site
