If this goes for anything beginning with a 6 i will truly despair but unfortunately, will not be surprised..
Seems likely, alright, based on the evidence you presented. I'm stunned. I can't believe we're seeing €400 per square foot - before renovation - as a norm for this neighbourhood. I haven't heard so much as a whisper about dead cats in the past week or two.
Given the shortage of property on the market, are asking prices on new listings starting to creap up?
The problem is that if they are, it will be a long time before any official stats or even pinster analysis picks it up, because of relatively thin trading, lack of database, localised nature of hotspots that seem to be edging into recovery, and so on. If - and that's a big if - parts of the market are turning - it will be difficult to spot until they've well and truly turned, unless one believes that these areas will behave themselves and just stay nice and level for a few years. Maybe they will
stay level, but looking at the indicator of what's happening on the ground on a house-by-house basis, it's hard to call it.