Demand Overshadowing Housing Supply

The average mortgage being approved now stands at just over 214,000 Euro.

But there’s a warning there are half the number of new homes being built than needed.

That means around 20,000 first time buyers have been cleared for a mortgage this year – but only 10,000 new properties are available.

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These people on the streets in Clare have told Clare FM that the situation is unacceptable: