22 min
Are Irish house prices approaching a peak? In The News
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- News
Irish property prices are climbing at their highest rate for over seven years. In the last year alone, the average cost of a home jumped by just over 15 per cent. Most estate agents are forecasting continued price growth for the remainder of the year, and beyond. But can they really be so sure? Irish Times economics correspondent Eoin Burke-Kennedy explains why he believes a drop in prices is on the horizon, as interest rates rise and housebuilding finally takes off.
Host: Conor Pope
Produced by Jennifer Ryan and Suzanne Brennan
Hosted on Acast. See acast.com/privacy for more information.
Irish property prices are climbing at their highest rate for over seven years. In the last year alone, the average cost of a home jumped by just over 15 per cent. Most estate agents are forecasting continued price growth for the remainder of the year, and beyond. But can they really be so sure? Irish Times economics correspondent Eoin Burke-Kennedy explains why he believes a drop in prices is on the horizon, as interest rates rise and housebuilding finally takes off.
Host: Conor Pope
Produced by Jennifer Ryan and Suzanne Brennan
Hosted on Acast. See acast.com/privacy for more information.
22 min