Sunday 22 April 2018

Getting timing right difficult for buyers

Buyers who seek to buy at the bottom of the market always run the risk that they may not get their timing right, so consequently most investment experts advise buying before the market is expected to hit the bottom.

On the basis of recent forecasts from the Economic and Social Research Institute (ESRI), then next year would appear to be the time to buy as it expects the rate of house price fall to slow from 14pc this year to 5pc next year before levelling off in 2011.

However, Bloxham Stockbrokers expects prices to start increasing by the end of this year.

Irish Independent

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