Are Irish house prices approaching a peak?

Irish property prices are climbing at their highest rate for over seven years. In the last year alone, the average cost of a home jumped by just over 15 per cent. Most estate agents are forecasting continued price growth for the remainder of the year, and beyond. But can they really be so sure? Irish Times economics correspondent Eoin Burke-Kennedy explains why he believes a drop in prices is on the horizon, as interest rates rise and housebuilding finally takes off.Host: Conor PopeProduced by Jennifer Ryan and Suzanne Brennan Hosted on Acast. See acast.com/privacy for more information.