A further report is suggesting that the majority of mortgage brokers expect the market to remain weak next year.

Job loss fears and expectations of further falls in house prices are also anticipated to slow demand, according to the KBC Homeloans/Irish Mortgage Advisers' Federation survey.

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It said that four out of five brokers polled believe that activity had weakened in the past three months with most predicting further declines in the first three months of next year.

Mortgage brokers blame worries about job security and the general economic outlook for the housing market doldrums.

(DW)(BMcC)