Overview

• It now takes roughly eight times the average €53,000 salary to buy an average €426,000 home, the most stretched since 2009.
• National median asking price stands at €385,000, with Dublin at €475,000 and the rest of the country at €340, while prices fell 0.4% quarter on quarter.
• Listings remain about 13,000 on MyHome.ie, well below pre-pandemic levels, and one in five sales close at 20% or more above the asking price.
• First-time buyers drew down about 27,000 mortgages in the past year, while mover mortgages totaled roughly 9,200, close to a decade low.
• Central Bank data show average mortgage rates eased to 3.58% in August, though broker quotes range from roughly 3.2% to 4.85% depending on lender and product.