NCB economist upbeat on future of property market

NCB Stockbrokers’ chief economist has today told business leaders not to be unduly pessimistic about the current state of the property market or of the economy.

Speaking at the Association of Chartered Certified Accountants’ Business Leaders’ Forum, Dermot O’Brien said that expectations that there will be a sharp slowdown in house building this year which will seriously dampen growth in the overall economy go far beyond the available evidence.