A prediction that a low interest rate environment will prevail for a considerable period together with increasing house prices until about 2022 was made at the recent AGM and annual conference of IPAV, the Institute of Professional Auctioneers & Valuers, held in Dublin.

Opened by Frances Fitzgerald TD, Tánaiste and Minister for Justice and Equality  300 auctioneers in attendance heard guest speaker Karl Deeter of Irish Mortgage Brokers say:  “the next five years will be good for auctioneers” while acknowledging that any major economic shock could change the scenario.