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The Irish Housing Market. Quarterly Economic Commentary, Summer 2012

Duffy, David and FitzGerald, John (2012) The Irish Housing Market. Quarterly Economic Commentary, Summer 2012. [Working Paper]

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    The future development of the Irish housing market will play a significant role in determining the pattern of the long-term recovery of the Irish economy. While the housing market may never return to where it was in the boom years, some recovery will eventually take place. The timing of this recovery, including the timing of the turnaround in house prices, will play a role in determining when output in the economy returns towards its long-term potential. Activity in the housing market is influenced by a range of factors including incomes, prices, price expectations, interest rates and affordability. It is not possible to forecast when a turning point will take place but this note considers evidence on some of the variables which might help bring about a stabilisation in the market.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Quarterly Economic Commentary
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 24 Oct 2019 17:01
    Number of Pages: 19
    Last Modified: 24 Oct 2019 17:01

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