What is Really Happening with Home Prices?

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Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%.

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But prices are already very high and mortgage rates are not going to fall any more (the average two-year fixed rate according to Moneyfacts is now 2.35 per cent, up from 2.2 per cent in October.

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So what’s going on in the capital city with. In South County Dublin achieved prices were stagnant at 0pc growth. In contrast, the North County area (where more affordable homes still exist) showed.

Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year.

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What is Really Happening with home prices? home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation levels could fall to 3% or less this year.