http://namawinelake.wordpress.com/2012/12/30/irish-property-in-2013-the-predictions/ Click the green link above for latest news and over 2,600 related articles. NAMA - National Asset Management Agency - part of Ireland's response to its banking crisis and property bubble Sun, 19 May 2013 10:13:33 +0000 hourly 1 http://wordpress.com/ http://namawinelake.wordpress.com/2012/12/30/irish-property-in-2013-the-predictions/#comment-55537 Wed, 09 Jan 2013 12:35:38 +0000 http://namawinelake.wordpress.com/?p=13144#comment-55537 @seniorpropertyobserver
Sorry to be pedantic, but the NWL prediction from last year is far from spot on. Prediction was 15-20% decline, actual was 8% decline as per: http://namawinelake.wordpress.com/2013/01/02/irish-residential-property-prices-still-falling-but-at-lower-rate/
For what its worth, I also think the prediction for 2013 is a bit on the heavy side, and think we will see a moderate decline of 0-5%

]]> http://namawinelake.wordpress.com/2012/12/30/irish-property-in-2013-the-predictions/#comment-53835 Sun, 30 Dec 2012 11:44:32 +0000 http://namawinelake.wordpress.com/?p=13144#comment-53835 NWL Looking at your prediction on last year it has turned out spot on and there is no reason to believe that your prediction for 2013 won’t be accurate too.Now the one missing piece of info is the property cash transactions which hopefully will be produced early in 2013 by Daft as promised.Added to the mortgage transactions it is felt that it will undoubtedly show a further 10% reduction on actual prices nationally.I would add this to your prediction above to make an overall fall in prices as 25% and possibly more.Coming close now to the prediction of Morgan Kelly at 80% from peak which is a realistic prediction taking the overall economy into consideration as you have mentioned already.Wait till Budget 2014,2015,2016 – we’ve seen nothing yet!

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