The OECD is finally catching Irish economic fever

FINALLY, the Organisation for Economic Co-operation and Development (OECD) has ruled out a price bubble in the Irish housing market.

For good measure the economy will grow by 5% in each of the next two and all is well, it says.

In its latest report, the body, which represents the world’s leading economies, including Ireland, is expected to forecast house price growth of 8% in each of the next two years as well.