House prices may plunge by a further 15%

INTEREST rates may not rise again until the beginning of 2011, while house prices could plunge a further 15%.

This is the view of some economists surveyed by the Irish Examiner, many of whom believe the biggest challenge facing the Government in 2010 will be dealing with public sector unrest.

As to when Ireland will exit recession Dermot O’Leary of Goodbody Stockbrokers believes this will happen in the middle of 2010 while Mike Butler of Bloxham said it could be the first half of 2011.