Mortgage approvals jumped by almost 2% month-on-month.
First time buyers are again driving growth in the mortgage market.
Over one billion euro in mortgage lending was approved in January, with first time buyers accounting for more than half of that, as the number of homeowners switching their loans to avoid rising interest rates declined.
Mortgage approvals jumped by almost 2% month-on-month and by nearly 9% year-on-year.
Managing Director at Kinsella Financial in Portlaoise, David Kinsella, has been speaking with Will Faulkner on the Midlands Today Show and says the the rising cost-of-living had a role to play in the figures:
Carlow Man Dies In Workplace Accident
Details Announced For Next Public Sector Pay Strike
Offaly TD Slams Lack Of Answers From HSE On Midlands Hospice
Two People Taken To Hospital Following Midlands Crash
Acting Media Minister Promises Enforcement Of Reforms At State Broadcaster
Trade Union Movement "Too Quiet For Far Too Long" - Forsa Rep
Man Dies In Workplace Accident
Fleadh Cheoil Needs More Recognition - Westmeath Councillor