Signs of slowdown in house prices across eurozone as interest rates rise                

Latest Eurostat figures show house price inflation in the eurozone slowed in the second quarter for the first time in two years

The ESRI said this week that houses in Ireland were at least 7% overvalued.

Rents and house prices in the European Union continued to rise in the second quarter, official figures show, but there are signs the pace of house price inflation has slowed as the European Central Bank hiked interest rates.

Eurostat said across the EU in the three months to June that rents went up 1.7% and by almost 10% from a year earlier.