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About LinkBacksStill falling @ a steady pace....This is just asking prices so it could be assumed the drop is more.
http://www.daft.ie/report/Daft-House...rt-Q1-2008.pdf
Still falling @ a steady pace....This is just asking prices so it could be assumed the drop is more.
http://www.daft.ie/report/Daft-House...rt-Q1-2008.pdf
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As there are no comparables then its pretty meaningless as its talking about asking price not the price the properties sold for.
Well, within a minute of this coming out, the ISEQ index dropped more then ninty points.
Every one sees what you appear to be, few really know what you are, and those few dare not oppose themselves to the opinion of the many, who have the majesty of the state to defend them.
- [SIZE=2]Niccolò Machiavelli[/SIZE]
Errrr, hello?????Originally Posted by odie1kanobe
Daft run this on their own data!!!!
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Its the most reliable source of statistics we have on house prices in this country. The Permanent TSB/ESRI house price index has little credibility.
Again it focuses on asking price rather than what a house is paid for.Errrr, hello?????
Daft run this on their own data!!!!
Estate Agents overinflate asking prices.
all that talk of "signs of recovery" by sherry fitz "economists" makes me laugh.
one of the indicators they mention is increased "myhome.ie activity". hello...internet activity is millions of miles from closing sales! passing interest does not buyer make.
also, they mention that the fall this qtr is only 0.9% which is better than 1% q4 2007. surely q1 in the year is where the most buying and selling occurs and thus, a paltry 0.9% in Q1 is much worse than a 1% Q4 as it indicates that the market is tanking when it should be strongest.
at the end of the day stamp duty blah blah blah mean diddly squat. the US and world economy is struggling and any attempt by our minister for finance to rectify the irish economy is bound to fail, its just pissing into the wind.
Not being able to govern events, I govern myself. -Michel de Montaigne, essayist (1533-1592)
so factor this in , lets call it the liar factor? say another 5% ?Again it focuses on asking price rather than what a house is paid for.Errrr, hello?????
Daft run this on their own data!!!!
Estate Agents overinflate asking prices.
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UK its 7% but at moment have done 20% easily.so factor this in , lets call it the liar factor? say another 5% ?Again it focuses on asking price rather than what a house is paid for.Errrr, hello?????
Daft run this on their own data!!!!
Estate Agents overinflate asking prices.
There is a complete lack of data on Irish market.
also with inflation running at 5% it means a real fall in price of 6%.
Not being able to govern events, I govern myself. -Michel de Montaigne, essayist (1533-1592)
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