HOUSING AFFORDABILITY SLIGHTLY IMPROVED FOR FTBS

A recent report stated Affordability slightly improved for First Time Buyers (FTBs) in the housing market in the first quarter. This is according to the latest Banking & Payments Federation Ireland (BPFI) Housing Market Monitor. The report shows a 32% jump in first quarter commencements (completions +23%), 3.9% yoy rise in house prices in March (number […]

New home buyers forced to borrow €13,000 more

A recent report states First-time buyers were forced to borrow more last year as property prices continue to rise. New buyers typically borrowed €224,000 to cover the cost of buying their homes. This was up almost €13,000 on the amount borrowed by the typical first-time buyer in 2017, according to new data from the Central […]