... calculations11Kennedy and McQuinn, Why are Irish house prices still falling? Figure 4: Results of Different House Price Models 2000:1 - 2011:3Actual and Estimated Fundamental House Prices ActualModel 4Model ... falling? Economic Leer Se Why are Irish house prices still falling? Gerard Kennedy and Kieran McQuinn1Vol. 2012, No. 5AbstractIn this note, the continued fall in Irish house prices is examined. ... econometric results are available, upon request, from the authors.3Kennedy and McQuinn, Why are Irish house prices still falling? price ratio from its long run average is indicative of house price...