Tuesday, Nov 07, 2006

When will Ireland crash?

Home.co.uk News: Irish housing crash forecast defied again

The Bank of Ireland's Irish Property Review has revealed that the Irish housing market continues to defy commentators predictions of a sharp correction and 2006 looks set to become another record year for completions, house prices and mortgage take up.

However, the Review predicts that 2007 is likely to see sluggish price inflation due to further deterioration of affordability on the back of higher interest rates.

Posted by tinecu @ 07:53 AM (382 views)
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