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Wed 10 Oct 2008House prices exceed fundamentals in 16 nations-IMF
House prices in 16 countries have risen more than fundamental factors would support over the past decade, with Ireland easily atop that list, the International Monetary Fund (IMF) said today.
In its twice-yearly World Economic Outlook, the IMF tried to figure out how much further housing prices may need to fall and what the economic consequences might be.
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