Dáil Éireann Debate, Thursday - 6 July 2023
59. Deputy Richard Bruton asked the Minister for Housing, Local Government and Heritage if he will update the Dáil Éireann on the level of home purchases by first-time-buyers; and the progress of Government initiatives to support this. [33128/23]
Amharc ar fhreagraAffordability and the chance to own a home is at the heart of the Government’s housing policy. As detailed in the Housing for All strategy, the Government has introduced a number of measures to support households and individuals wishing to purchase a home, as well as increasing the overall supply of new homes, with an ambitious target of 300,000 new homes up to 2030.
In relation to the level of home purchases by first-time-buyers, my Department is not responsible for the collection of such data, however the CSO reports that, based on stamp duty executions, there have been 16,364 first time buyer transactions in the 12 months up to the end of April 2023, including 5,087 transactions for new build homes. More information on the latest first time buyer statistics can be found on the website: www.cso.ie/en/statistics/prices/residentialpropertypriceindex/.
