{"id":2846,"date":"2018-08-22T08:09:21","date_gmt":"2018-08-22T13:09:21","guid":{"rendered":"http:\/\/irishexaminerusa.com\/wp\/?p=2846"},"modified":"2018-08-24T08:10:24","modified_gmt":"2018-08-24T13:10:24","slug":"central-bank-predicts-further-rises-in-house-prices","status":"publish","type":"post","link":"https:\/\/irishexaminerusa.com\/wp\/?p=2846","title":{"rendered":"Central Bank Predicts Further Rises in House Prices"},"content":{"rendered":"

\"\"There is no end in sight to the rise in house prices, according to a mortgage adviser.<\/p>\n

New figures from the Central Bank predict a 5% increase over the next few months – with prices already up 12% this year.<\/p>\n

The rise is further restricting buyers, and experts say it is putting prices almost beyond reach.<\/p>\n

Things are not expected to get any better for potential homeowners.<\/p>\n

“Rental yields have a strong relationship with capital values – in other words, the price of houses – as they are continually pushing up and staying strong there is money all over the world which can come to Ireland and buy up those assets.<\/p>\n

“So why wouldn’t money that is coming from a German pension fund be able to come here and buy a load of houses?<\/p>\n

“And that’s the mistake because people think that mortgages are the only thing that drives the property market and it’s nonsensical.”<\/p>\n

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