About 67 per cent of people in Ireland say buying a home is more challenging than ever, according to a new study from Royal London Ireland.
The results from the report echo a 2019 Royal London study on challenges in the property market here. Prices of new homes in Ireland have more than doubled since 2013, while the value of second-hand homes is 137 per cent higher than it was in 2012, according to the Central Statistics Office. According to the study, the highest per cent of people who agreed that it was difficult to buy a home fell in the 25- to 34-year-old age group with 72 per cent of respondents agreeing with the statement.
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