Database would boost property market
Published 02/09/2010 | 05:00
THE recent decision by the Justice Minister Dermot Ahern to push for a national property-price database should be welcomed by homeowners, prospective buyers and property professionals.
While the database's exact structure is yet to be decided there is a clear value to the market of collecting pricing information.
The database will demand a new honesty and transparency about expectations of prices that a property can fetch.