Government think tank warns of increased risk of house price crash

A LEADING government think tank has warned the risk of a house price crash has increased significantly in recent months.

Tue, 25 Apr, 2006 - 01:00

Brian O'Mahony, Chief Business Correspondent

According to the Economic and Social Research Institute’s (ESRI) latest economic bulletin, several factors have increased the risk of a bubble in the market.

Since mid-2005, house prices started to rise again, increasing in value from 6% in mid-2005 to over 10% at present.

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Government think tank warns of increased risk of house price crash

More than 6,000 military personnel owed money from pay agreement

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Government think tank warns of increased risk of house price crash

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