Housing Agency warns: don't buy a house for two years

A government-backed housing agency has warned house hunters not to ''make fools of themselves by paying too much for a house in the capital.

A government-backed housing agency has warned house hunters not to ''make fools of themselves by paying too much for a house in the capital when there will be a strong supply in two years' time.

A report commissioned by estate agents and auctioneers had said there would be a need for at least 35,000 homes in Dublin by 2018, but that there was only planning permission for 26,000.

But the Housing Agency, which ...