New figures from property website Daft.ie show the asking price for a home across Clare is down 3 and a half percent in the first three months of 2011- it now stands at an average of 190 thousand here.
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Nationally Daft found house prices fell by around 3 percent – while a similar report out today by myhome.ie put the drop at 4.
However both property websites believe that in the light of the bank stress tests and higher interest rates ,downward pressure may remain on the property market –
Economist with Daft.ie Ronan Lyons says smaller homes have shown a marked reduction in price however larger homes are still expensive.
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