59 Mr. Hayes asked the Minister for the Environment and Local Government the policy of the Government in relation to the issue of the dramatic rise in house prices; whether he intends in advance of the December budget to investigate possible measures to steady or reduce the cost of housing to the consumer; and if he will make a statement on the matter. [16263/97]
Written Answers. - House Prices.
Ceist:
I am concerned at the impact of recent house price increases and as indicated in the reply to Priority Question No. 8 on today's Order Paper my Department has commenced the process of selecting consultants to undertake a study of the factors influencing increases in house prices and the implications of key future developments.