Irish Real Estate Agents take to lying about 'sold' prices

[sullivan]

First these avaricious bastards talk the market up to the point where modest properties were going for absolutely ridiculous prices. Now they resort to lying about the prices achieved on sales in a (vain) attempt to maintain prices at their extortionate levels.  Don't these morons realise that if they reduce the prices, they might actually SELL some of the properties they have had on the market for six months or more?

Estate agents accused of supplying false sale prices

Estate agents in Dublin have been accused of providing misleading sales figures to national newspapers.

The suggestion that agents were exaggerating the prices at which properties had sold, in an attempt to manipulate the market, prompted the property editor of The Irish Times to write to agents claiming that the unfair practice was compromising the newspaper.

Orna Mulcahy, property editor of the newspaper, said the misreporting of prices was