A new study by The Economist suggests that house prices in Dublin are currently overvalued by 25%.
Focusing on '22 of the world's most vibrant cities', the report finds that compared to the income of those living in the capital, prices are one quarter above what they should be.
(source: The Economist)
The figure is nothing compared to Hong Kong though, where house prices overvalued by a staggering 94%. Conversely, homes in Tokyo are undervalued by 8%.
The full report can be viewed here.