Government must help average earners overcome 'impediments' to homebuying, say auctioneers

The latest House Price Report from Daft.ie showed the number of homes for sale in Ireland last year was “dramatically below” pre-covid levels, despite the increased supply of new homes in the country. File picture

There are “growing impediments” to buying a home in Ireland for the average wage earner, which has meant activity in the market is “largely confined” to those on higher incomes.

The Institute of Professional Auctioneers and Valuers (IPAV) said that the availability of homes at affordable prices for those earning average wages remains “the main issue stalking the market for the last decade”.