New homes 'totally out of reach' for couples on average salaries 

An SCSI report predicts residential property prices will rise 2% in the next year. Picture: Andrew Matthews/PA

New homes remain “totally out of reach” for couples on average salaries in many areas, with prices forecast to continue rising over the next 12 months.

The latest report from the Society of Chartered Surveyors Ireland (SCSI) analyses the ability of couples with a joint income of €89,000 to buy a new home in five different counties.