Ronan Lyons | Personal Website
Ronan Lyons | Personal Website

calculated risk

“Killiney mansions – get ’em while they’re cheap!” Tiered house prices in Ireland

Evidence from tiered house price indices in the US suggests that cheaper districts have fallen by more since the boom ended. In Ireland, however, the opposite appears to be the case, as this post discusses. Asking prices for four-beds in Killiney have fallen over 35% in just over a year. Looking at four areas, two high-end (Dublin 6 and Blackrock) and two first-time-buyer (Lucan and Balbriggan) over a longer period shows again that 2009 has taken its toll on the top end much more so than more affordable areas. Read more