The Director of the Construction Industry Federation disagrees with the Governor of the Central Bank who warned house prices could fall over the next two or three years. Despite this, the Governor of the Central Bank, Philip Lane, is warning they potentially could fall over the next few years. However, the Director of the Construction Industry Federation does not agree with the Central Bank's warning. Hubert Fitzpatrick said there cannot be price falls in the housing market when there is such a scarcity of homes. He said: "I believe that the current environment is such that we won't have house price falls, I think we have to increase house-building activity.

Source: Evening echo May 11, 2018 12:22 UTC