40% of first-time buyer mortgages in Kildare, Wicklow, and Meath in 2023 issued to Dublin residents, as rising house prices and remote work enable them to move outside the city.
1 in 4 first-time Irish homebuyers are now purchasing properties outside their home counties, with over 40% of first-time buyer mortgages in Kildare, Wicklow, and Meath in 2023 issued to Dublin residents. This trend is driven by increasing house prices and a shortage of new homes in Dublin, as well as the rise in remote and hybrid work allowing people to move to more rural areas. In Leinster, over half of first-time buyers are crossing county lines.
June 14, 2024
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