House prices at record low in Ireland

I agree w/ Chris’ wishful thinking for another drop but I can’t see that happening. Even at the height of the boom, I was advising my sons not to buy as I considered prices 30% too high, and up to 50 or 60% too high in Dublin. Prices are now more realistic of value but it is really market forces (supply/demand/ availability of money) that determine price. So yes, further drops are entirely possible and hoped for.

Another 50% drop will do great things for the young if they can keep a job.