House price bubble hovering on the horizon
"The recent decline in rents suggests there is currently an excess supply of buy-to-let properties in the market," says Don Walshe, head of research at Goodbody Stockbrokers.
In a report into the future of the housing market, Mr Walshe says the overall market outlook is favourable up to 2006. But certain tell-tale signs have emerged of a property price bubble that could deflate, if not burst.
