Fewer people drew down mortgages last year, but those who did had to borrow more.
Figures from mortgage lenders reflect an acute shortage of properties.
New buyers are being forced to borrow around €65,000 more to secure a place than in 2020.
Forty-three thousand mortgages were drawn down in the last year, down 1.3pc compared with the previous.
This was the lowest annual volume since 2020, data from the Banking and Payments Federation Ireland (BPFI) shows.
Read the full details in the Irish Independent
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