House prices set to cool off, says Central Bank boss

Ireland’s house market is set to cool down, Central Bank governor Philip Lane has said, as a renewed surge in prices stokes concerns about another bust.

House prices set to cool off, says Central Bank boss

By Peter Flanagan

Ireland’s house market is set to cool down, Central Bank governor Philip Lane has said, as a renewed surge in prices stokes concerns about another bust. House prices increased 13% in the year to the end of April, the CSO said last week, making here one of the hottest property markets in Europe.

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