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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Fri 08 Aug 2008Buyers beware: sharp falls in house prices are likely to continue

The fundamentals of the Irish housing market point to more sharp falls over the next two to three years, writes MORGAN KELLY

WITH HOUSE prices falling fast and likely, come the autumn, to fall even faster, no sane person would currently even think of buying a house. But this immediately raises the question of how long the crash will last. In other words, how long will it be before you can buy a house and not regret the decision for the rest of your life?

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