The number of property transactions recorded a big drop in July, according to the latest figures from the Central Statistics Office, as Covid-19 continued to impact the housing market.
The CSO said that a total of 2,561 household dwelling purchases were filed with Revenue in July, a drop of 40.7% compared to the 4,316 purchases in July of last year.
However, the number of home purchases in July was up 12.9% on June, the CSO said. Today's figures from the CSO show that residential property prices fell by 0.5% on an annual basis July, with prices in Dublin declining by 1.3%.
Residential property prices in the rest of the country, excluding Dublin, were 0.2% higher in July compared to the same time last year.