The good news is that we saw the most housing completion in the first quarter of any year since 2011. But the bad news for First-time buyers is that house prices are rising at an annual rate of almost double digits.
That’s according to the Housing Markets Monitor from the Banking & Payments Federation of Ireland. It also found that 74% of First-time buyer mortgages for given for self-built homes outside the cities in the South and Midwest of Ireland.
Anthony O’Brien head of the sector for Research & analysis with the Banking & Payments Federation of Ireland joined Joe Lynam on the show this morning.
