The standard Irish home now costs 7.7 times the average wage, stark new figures have revealed.
MyHome.ie's quarterly house price report found annual asking price inflation slowed to 6 per cent nationwide and was 3.6 per cent in Dublin and 7.6 per cent elsewhere around the country. The asking price for the average home in the Republic rose almost 11 per cent to €320,000 in the 12 months to June, it says.
It means the asking price for the average home in Ireland is now €330,000, while the price in Dublin is €436,000 and elsewhere around the country it is €283,000.
