House prices here could be overvalued by at least 7%.

In its latest quarterly economic assessment the ESRI is warning the property market is likely to see a sharp slowdown in the months ahead, but didn't state if that might lead to falling prices or a price correction.

It's also described the Irish economy as 'robust' and says it will continue to perform well despite global uncertainty and the cost-of-living crisis.

Kieran McQuinn, research professor with the ESRI, is also predicting another strong year for jobs in 2023...

 

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