It has gone up €6,000 in the last two years.
The amount of money first time buyers need to earn to secure a mortgage "has never been greater", according to a new report.
A study by the Banking and Payments Federation shows the median income of households seeking a first time mortgage has increased by €6,000 in two years.
It has gone from €71,000 in 2019 to €77,000 last year.
Chief Executive of the BPFI, Brian Hayes, says it's a difficult time for first time buyers to get on the housing market:
Electric Picnic Confirms Final Line-Up Ahead Of Festival
Electric Picnic begins next week.
Midlands Heavy Goods Mechanic Encouraging Other Women To Take Up The Role
Caitlyn Maguire from Westmeath says she always wanted to work with her hands.
Rose Of Tralee Describes Removing Wig On Opening Night As A ‘Highlight’
She was chosen from 32 Roses.
Charity Concert To Raise Funds For Offaly Hospice
The concert takes place this evening.
Culture Hunters Treating Heritage Week Like Gig-Going Festival
Heritage officers across the Midlands are celebrating a growing appetite for history across the region.
Outgoing Rose Of Tralee Inspired By Westmeath Rose
Katelyn Cummins is set to hand over her sash following tonight's final.
Standing Ovation For Westmeath Rose In Tralee
Caoilfhinn Ní Choiligh has been telling her story of living with alopecia.
Offaly Man Credits Family Pub Following Hit Netflix Series Success
Banagher's Michael Hough plays Eli James in Little House on the Prairie.
Rose Of Tralee Festival Gets Underway This Evening
The 67th edition will be held over the course of the week.
Midlands Woman Says Rise Of The Far Right Is "Very Challenging For Minorities”
Christine O’Mahony is a mixed-race woman of Jamaican heritage.
Amhrán Na Laoch Songwriting Competition Confirmed For Irish Music Month
Hot Press and the IBI are running the competition.
GlowDepot The New Late Night City In The Woods For Electric Picnic
The GlowDepot crew is getting its own dedicated forest stage, bearing its name.
Fishtown Reveals Lineup For Electric Picnic
Fish Town is gearing up to go bigger, bolder and wilder than ever at Electric Picnic 2026.
Colin Farrell Rumoured To Be Part Of Star Filled Production In Offaly
Colin Farrell is rumoured to be among an A-list cast filming at Charleville Castle in Tullamore.
Annual Rose Of Tralee Tour Underway
Westmeath Rose Caoilfhinn Ní Choiligh is one of this year's contestants.
Visual Art Exhibition ‘12’ To Feature At Electric Picnic
"12" explores addiction, recovery, and the possibility of a hopeful future.
Tullamore Show 2026: 35 Years Celebrating Rural Life
This year's Show saw over 70,000 people pass through the gates at the Butterfield Estate.
Laois Charity Fashion Show To Raise Funds For Special School And Meals On Wheels
The event is taking place on August 22nd.
Tullamore Show: All You Need To Know
The 35th edition of the show takes place on Sunday.
Explosion Set To Rock The Moon
A piece of the Space X rocket Falcon 9 is due to make impact.
