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Breakfast Business with Joe Lynam

House prices still on the rise

20 Jun 2023

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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.

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