Fionnuala Earley Quotes

While there is uncertainty about the economy at present we still expect the next move in interest rates will be down and that this is likely early in 2006. But while the market responded quite swiftly to the rate cut in August, we do not expect a cut to cause annual house price inflation to accelerate back up to levels seen in early 2005.

- Fionnuala Earley

Tags

Uncertainty | Economy | Present | Expect | Move |

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It's come through a little bit more than we were expecting even two months ago. I don't think it can be sustainable at that level going forward. People are stretching themselves. - Fionnuala Earley

November's data suggests that the market has settled back down to the pattern of small rises in some months and small falls in others, with prices overall growing only very slowly. - Fionnuala Earley

The current background suggests that the market will continue to cool in a contained fashion, but it will be some time before we can expect prices and activity to return to the growth rates seen in the last two years. - Fionnuala Earley