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5.1

ESRI: Irish property prices overvalued by 17%

The ESRI estimates Irish property prices are 17% above fundamental value, signaling potential correction risk. The finding is based on a model of sustainable price levels, but uncertainty remains over future interest rate and supply dynamics. This matters for housing affordability, financial stability, and construction sector outlook.

RTÉabout 22 hours agoIEengCredibility 24%View source

Score Breakdown

Mosaic Score5.1
Confidence0.7
Significance0.5
Source credibility0.2

Intelligence Tags

#ireland#property#housing#esri#valuation#overvaluation
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