Sunday September 20, 2020

Property crash is unlikely - OECD

A leading international think tank will support the view of optimists in the Irish housing market by saying that a property crash is unlikely.

7th October, 2006

According to a new report, which will be published next month, the Paris-based Organisation for Economic Co-operation and Development (OECD) will instead predict a soft landing for the Irish property market and say that a slowdown of house-price inflation to a low single-digit figure will be the most likely outcome.

The report will steady the nerves of many people who have gambled on the fortunes of the property market after a week when more than...

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