This report is over the 1 week period 13th to the 20th of July 2008.

The drops per day on Daft was 164 up from 154 last week.

The stock of unsold properties on Daft is currently equal to 15 months supply.

The drops per day from all sites is just over 218 down from 227 last week.

There were 1,525 drops and the average drop was €31,912.
Over the same period there were 95 increases and the average increase was €28,570.

The 1,525 properties reduced the price by just over €48,6 million in total.

The 95 properties raised their price by just under €2.7 million in total.

19% (11,633) of properties for sale have been on the market for over a year.

42% (25,813) of properties for sale have been on the market for over 6 months.

The average number of days properties have been listed is 194 days.

1,314 properties were removed from Daft during the last week while 1,518 new properties were added.
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From the 16th to the 23rd of July 2008 there were 1,082 rent reductions. The average reduction was €103 per month.
There were 122 rent increases over the same period, the average increase was €109.

The number of properties for rent in Ireland increased to 15,847 from 15,708 the previous week

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Time on the Market

• 4 Months+ 2,297 Properties, Average Rent = €1,300
• 2-3 Months 1,562Properties, Average Rent = €1,270
• 1-2 months 3,016 Properties, Average Rent= €1,214
• 0-1 Months 8,972 Properties, Average Rent= €1,190

2,996 properties were rented in the last week and the average rent was €1,149.