This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 14 °C Tuesday 11 August, 2020

Poll: Do you expect to buy your own home?

The average age of first-time home buyers is now 34.

Image: Shutterstock/

THE AVERAGE AGE of first-time home buyers has increased to 34, according to new figures.

This average age has jumped from 29 in 2006, according to the Real Estate Alliance (a group that represents estate agents).

Under Central Bank rules introduced last year, borrowers are expected to have at least a 20% deposit saved for the value of the house they hope to buy.

For first-time buyers the rules are slightly more lax, with 10% of the first €220,000 required and 20% thereafter.

We want to know: Do you expect to buy your own home?

Poll Results:

Yes (5812)
I already own a house (5094)
No (3050)
I'm not sure (1347)

  • Share on Facebook
  • Email this article

About the author:

Órla Ryan

Read next: