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Wednesday, August 17, 2022

Don’t bet your house on it – but we may have reached the pinnacle of the market

With interest rates rising and the stock of unsold homes rising rapidly, is it time to rise to the top of the housing market after increasing prices by 20 percent in the past two years?

According to the latest data published by the CSO last week, domestic prices rose by a national average of 14.4 per cent in the 12 months to May. It was almost unchanged from the previous month and was slightly down from the peak of 15.1 per cent recorded in February and March.

World Nation News Desk
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