DUBLIN house prices are set to go on rising again in though not by as much as last year's increase of 25 per cent. Apartments are also likely to cost at least 10 per cent more because of a shortage of new units and the continued spending spree by young investors looking for a bit of the real estate market.
Predictions:. Houses in the £500,000-£1 million bracket will be in particularly strong demand because of the slowdown in supply last autumn.. Last year's auction record of £2.3 million for a Killiney mansion will be exceeded at least twice in 1998. There will be intense competition for houses near the city centre because of the traffic congestion.. The now familiar queues for anew houses will disappear in the second half of the year as an increasing number of developments are launched.
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