It is November 2006 and the early days of the Current Public sentiment…affair
M Keenan writes an article saying Dublin prices are falling by up to €4,500 a month.
March 25th 2019 and M Keenan is still writing articles. This time claiming that Dublin prices may be falling at €7,500 a quarter, since December 2018.
The prices of average second-hand homes have largely frozen for the first quarter of 2019 throughout Ireland with most counties showing prices unchanged since the beginning of the year.
The big freeze in house prices in 2019 is being attributed to property prices in many areas hitting the Central Bank-enforced mortgage lending ceilings.
Other factors include a lack of cash buyers in some locations, and a proliferation of new homes in other areas affecting the values of existing properties.
Meanwhile, increased red tape means there has been a slow-down in applying for mortgages and selling homes.
While static prices were the norm - including in Cork, Galway and Limerick cities - prices dipped in some areas.
In Dublin city, the price of a three-bed semi is down 1.75pc (€7,667) since December, while the same home in the south of the county is down 1.8pc (€7,500).
The biggest fall in prices was seen in Louth, where they dropped 3.6pc (€7,500) thanks largely to extensive new home developments.
However, most parts of the country saw prices stagnate in the first quarter of the year, including in Carlow, Cavan, Clare, Waterford, Wexford, Kilkenny, Laois, Offaly and north Co Dublin.