7%-10% house price rise forecast

HOUSE prices are set to rise 7%-10% having fallen up to 40% from their peak, according to a new report.

It also forecasts a strong rally with the share prices of the main banks set to double in value to over €3 in 2010.

These predictions are contained in the “annual surprise list” of Pramit Ghose, managing partner at Bloxham Stockbrokers.