Dan McLaughlin, chief economist Bank of Ireland:
The year 2007 will be another strong one in terms of transactions. We are likely to see something of the order of 85,000 to 90,000 houses built again.
we are in for a period of modest house price inflation - something in the order of 3 per cent per annum in 2007 and 2008.
John O'Sullivan, residential director Lisney:
Growth levels will be single digit. We are predicting 5 per cent for .
Ray Grehan, property developer Glenkerrin Homes:
With the average household now 2.2 people, the anticipated increase in the population will lead to a demand for 45,000 units. This, together with the latent demand in the market, would suggest that the total demand for new units will be in the region of 85,000 units for 2007.
All from The Irish Times: http://www.ireland.com/newspaper/proper ... 53659.html