Property prices keep climbing as first-time buyers are left chasing a 'pipe dream'

The Central Statistics Office said the 12 months to June saw its Residential Property Price Index rise by 7.8%.

Property price inflation is holding steady in Ireland, as the cost of buying a home continues to surge, with first-time buyers warned house prices would continue to be a “pipe dream” for the foreseeable future.

For the second month in a row, the Central Statistics Office (CSO) said the 12 months to June saw its Residential Property Price Index rise by 7.8%.