In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.
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Irish house price growth has risen at more than twice the rate in the five months to November at 5.4pc.
The latest permanent tsb/ESRI House price index reports that the price increase is up compared to the first half of 2005, when price growth was at 2.6pc.
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Gross mortgage lending rose by 5pc to an estimated £28.5 billion in November according to the Council of Mortgage Lenders.
This was the second highest monthly lending figure on record, 1pc lower than the £28.9 billion of lending in July 2004, and 30pc more than the £21.7 billion of lending last November.
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House prices have risen for the first time in over a year during the three months to November reports the Royal Institution of Chartered Surveyors.
RICS said that the three months to November saw 4pc more chartered surveyors reporting rises in prices rather than falls. This is a marked improvement when compared to October?s figures, when a further 8pc of surveyors reported a fall.
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Ulster Bank has reported in it’s “2006 Focus Report”, of a 0.25pc cut in UK interest rates.
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