Over the period 15th June to the 25th June 2008 there were 1,921 drops and the average drop was €31,322 or 7%.
Over the same period there were 72 increases and the average increase was €43,128
The 1,921 properties reduced the price by just over €60.1 million in total.
From the 18th to the 25th of June 2008 there were 876 rent reductions. The average reduction was €98 per month.
There were 108 rent increases over the same period, the average increase was €152.
The number of properties for rent in Ireland decreased to 14,390 from 14,440 the previous week
2,574 properties were let in the last week and the average rent was €1,132.
While the average rent for the properties that remained on the market was 8.6% higher at €1,230 per month