A report by MyHome.ie and Bank of Ireland reveals that first-time home buyers in Ireland are now taking on more debt relative to their incomes than in previous years. The average mortgage has surpassed €300,000, with house prices rising 8.4% last year. Despite stretched affordability, demand remains strong. Notably, first-time buyers are borrowing an average of 3.37 times their income, while rental price growth appears to be stabilizing in Dublin.