Irish property market over-valued by 15%: OECD
07/11/2005 - 12:01:51The Organisation for Economic Co-operation and Development (OECD) has reportedly concluded that the Irish property market is over-valued by 15%.
Reports this morning said the conclusion was contained in a confidential account of a recent meeting between the OECD and Central Bank officials.
The reports said the Central Bank was reluctant to disclose the figure publicly for fear that it could destabilise the property market.
