Monday 23 October 2017

David McWilliams: What we've learned from the past year -- and where we are heading

Mario Draghi announces the second ECB rate cut decision
Mario Draghi announces the second ECB rate cut decision
David McWilliams

David McWilliams

Now that we are at the end of the year, here are a few things that 2013 taught us about economics, how our economy is doing and what determines where it goes from here.

HOUSES AND PROPERTY PRICES

This was the year the property market started showing signs of life. Two years ago, in January 2012, this column suggested here (www.davidmcwilliams.ie/2012/01/18/expect-house-prices-to-hit-the-bottom-next-year) that Irish house prices would stop falling in 2012 and begin to start rising in 2013.

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