Donegal house prices continue to fall

A new survey of house prices indicates that property prices may have bottomed out.

The results of The Sunday Times Property Guide 2011 show that the annual rate of deflation has slowed dramatically to 12 percent.

The survey shows that falls across the country ranged from just 5 percent in parts of Cork to 21percent in Dublin - the worst hit market nationwide.

In Donegal prices fell by 11% last year, an improve­ment on the 19% drop in 2009,

Property Editor with the Sunday Times, Mark Keenan says the worst of the property crash may be over

[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/houseskell.mp3[/podcast]