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Service of the week: collapso.net

September 23rd, 2010 Leave a comment Go to comments

Collapso.net tracks property price increases and decreases in the Republic of Ireland. It uses publicly available information from two websites: Daft.ie and myhome.ie. It tracks sites as well as new and used houses.

It produces details for up to four months, twice a week.

There are two unique features: a detailed change in percentage drops/increases and a full total/average of decreases in value.

collapso.net shows property decreases over time

As for the decreases summary, the insight is quite impressive:

According to the 22 sep 2010 report, the average combined net worth of each individual owning a house was reduced by around  32000 Euro in about 3-4 days.

If there is going to be a  place where to confirm a stabilisation in prices, it is here, so stay tuned as we are following its development.

Important: Some price decreases, especially the ones at the start of reports may constitute price errors reported in daft.ie or myhome.ie.

A minor improvement that could make the site more interesting would be to add a list of properties being off the market in each period.

Related sites:

irishpropertywatch.com- Track price changes by house address

thepropertypin.com – lively discussion around issues and breaking news stories

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