Home ownership 'increasingly the preserve of those on higher incomes'

More needs to be done to make prices affordable, particularly for first-time buyers.

Home ownership "is increasingly becoming the preserve of those on higher incomes", it has been claimed, with a steep rise in houses being bought jointly over the last decade.

Brokers Ireland was responding to new figures from the Central Statistics Office (CSO), which showed that properties purchased jointly increased from 47% in 2010 to 60.3% in 2021.