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30 Apr 2012

CIF supports Central Bank analysis on house price overcorrections

The ConstructionIndustry Federation (CIF) has supported the research by the Central Bank whichsuggests Irish house prices have overcorrected by as much as 12 – 26%. The Central Bank put forward its analysis in a newly published report entitled“Why are Irish house prices still falling?”and the CIF says this tallies with indications from...