Monday, 1 July 2013
House builders lay foundations for rally on hopes of market recovery
House builders lay foundations for rally on hopes of market recoveryAs traders snapped up the house builders, the wider market gained ground too. Early nerves over Cyprus' banks finally reopening were put to one side as the FTSE 100 climbed 24.18 points to 6411.74 and the FTSE 250 put on 60.68 points to 13923.04.See all stories on this topic » Irish property market - boom and bust - Economics BlogDuring the 1990s and first half of 2000, Ireland had one of the longest property booms on record. Between 1996 and 2006, the average price of second homes ...See all stories on this topic » It's too soon to be sure of a housing recoveryBetween Sept 2007 and Feb 2013, national average house prices fell by 50.7%, with apartment prices in Dublin down by a whopping 58.8%. The latest house
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