Donegal house prices continue to fall

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Donegal house prices continue to tumbled according to the latest statistics from property website daft.ie.
Asking prices fell by an average of 8.1% in the final three months of 2011, compared to static prices between June and September.
The average asking price in Donegal in late 2011 was €155,000, a fall of €116,000 from the peak.
Overall, house prices fell by 18 per cent last year.
Ronan Lyons, Economist with Daft, says house prices in Donegal are well down from the peak:

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