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House prices now eight times average earnings as affordability hits 16-year low

The average residential property sold in 2025 had a price of €426,000, eight times’ average earnings of €53,000. By this metric Irish house price-to-earnings are now at their most expensive level since 2009.

According to the latest quarterly house price report from MyHome, housing completions rose to 32,700 in the 12 months to June, the highest level since the Celtic Tiger era. Meanwhile, average rents still imply yields of circa 5 per cent, well above current retail mortgage interest rates of 3-4 per cent.

Read the full details in the Breaknews.ie

If it’s a Structural Survey Report (Building Survey Report, House Survey Report, Home Survey Report, Property Survey Report, Pre-purchase Survey, Apartment Survey, House Survey, Snag List, Condition Survey, Commercial Survey or Land Survey,) ABL Surveyors are a firm of Chartered Building Surveyors with vast experience who will provide a professional, cost effective and efficient service to all our clients. Each inspection is carried out by a Chartered Building Surveyor (Building Surveyor, Home Surveyor, House Surveyor, Property Surveyor, Building Inspector or Land Surveyor) who has vast experience in their relevant field of Surveying.

We have offices in Navan, Dundalk, Cavan and Dublin and also cover the surrounding counties and will travel nationwide if required.

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In the event that you require any of these services, ABL Surveyors are the right choice for you so please contact us for a quote.

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