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Tuesday 16 February 2010

REA, has called on banks not to increase bank interest rates.

National Property Group, Real Estate Alliance, has called on banks not to increase bank interest rates. Commenting on the rising of certain rates, Michael Boyd, recently appointed Chairperson of Real Estate Alliance and Director of Boyd’s Real Estate Alliance in Kilkenny, “the Irish property market is in a precarious position and we believe that raising bank interest rates will be counterproductive”.