December saw house prices drop from the month before according to the Teranet-National Bank Composite House Price Index.
December saw house prices drop from the month before according to the Teranet-National Bank Composite House Price Index. The figures, released today, reveal a national average drop of 0.2 per cent. Annually house prices have increased by 4.9 per cent. Analysts are forecasting a slower pace for the housing market this year, especially if and when interest rates increase.
