Property crash is over, says NAMA boss

Property crash is over, says NAMA boss

Frank Daly of NAMA

The chairman of the National Asset Management Agency has said he believes the property crash in Ireland is over.

Speaking at a breakfast briefing in Cork, Frank Daly said that property prices have begun to move off the bottom and that the property market has moved into a different phase.

Mr Daly said the recovery was not “homogeneous”, but was occurring more quickly in Dublin and in particular parts of Dublin.

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