Saturday, November 19, 2011
House prices down 49 percent in Dublin since 2007
"Irish home loans in arrears for more than 90 days rose to 8.1 percent at the end of September as home owners struggle to repay debt following the collapse of the economyâ€™s property boom. A total of 62,970 loans were in arrears for the period compared with 55,763 residential mortgages at the end of June, according to a statement from the Irish central bank today. That compares with 7.2 percent in June".