Housing shortage to drive up prices by 15% over the next three years

House prices are set to rise by 15pc over the next three years, a survey conducted by the Central Bank has found.

The survey of estate agents, auctioneers, economists and surveyors indicates prices will rise by eight per cent nationally this year.

Dublin prices are set to rise by 10pc, the property professionals told the surveyors when their views were canvassed in July. A shortage of properties for sale is the driving force for the price growth.

Read the full details in the Irish Independent

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