
The midlands saw the highest percentage rise over the past five years
There’s been a steep rise in both property and mortgage values for first-time buyers in the midlands over the past five years.
That’s according to a new report from the Banking & Payments Federation Ireland which reveals that between 2019 and 2024, property prices and mortgage amounts surged by 58% across the region.
The midlands saw the highest percentage rise with prices increasing from €158,000 to €250,000.
Chief Executive of the Banking Payment Federation of Ireland Brain Hayes says the challenge for the next few years is even greater: