Property prices continue to rise outside the capital but there was a significant fall-off in the number of transactions
However, the latest index pointed to a significant fall-off in transactions with purchases down by more than 9 per cent in June to just over 4,000, one of the clearest signs yet that higher mortgage costs are pricing some potential buyers out of the market.on new home loans rose above 4 per cent in June – the highest level in almost a decade. The increasing cost of mortgages here is expected to continue to dampen demand.The Dublin region had the highest median price .
But, she said, being close to status quo is no good. The latest Eurostat figures show that 68 per cent of those aged between 25 and 29 in Ireland were still living at home last year, compared with an EU average of 42 per cent.
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