Thursday October 1, 2020

Think-tank fears house prices set to hit peak

It was published without much fanfare but a report from the Organisation for Economic Cooperation and Development (OECD) into the housing markets of Ireland and 16 other countries could not have been delivered at a more unsettling time.

10th June, 2006

The economists at the Paris-based think tank attempted to answer the question on many Irish people’s lips: just when will house prices peak?

The study was published as Irish and global stock markets reeled last week under renewed fears that interest rates would rise faster than expected. It provides predictions on the likelihood that house prices across the OECD will soon reach their peak.

The headline findings from the 33-page report have already...

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