Irish real estate begins to "moderate"


Source: http://www.realestatetv.tv

Real estate prices are beginning to slow down, Sherry FitzGerald mortgagers announced. The price growth moderation is most apparent in the slowdown in Dublin, where house price rises were moderated to 23 per cent for the first nine months of 2006- a number more in line with the 2005 rises of 23.3 per cent. Marian Finnegan, chief economist of the Sherry FitzGerald Group said: "After a phenomenal first six months in which average house prices rose spectacularly we are now witnessing some moderation in the pace of capital appreciation."



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