Irish House Price Decline Accelerated in Fourth Quarter of 2010, Daft Says

"“Despite another year of price falls, the market does not yet look in balance,” Ronan Lyons, economist with Daft, said in the report. He said that although the number of properties for sale remains high, “a range of factors continue to weigh on prospective buyers, including tight credit and expectations of higher taxes and interest rates in coming years.”"