The number of mortgage approvals is up 62 per cent since 2016
New mortgage approvals in Ireland rose 62% during the 12 months between March 2016 and March 2017. These figure were released by the Banking & Payments Federation Ireland (BPFI).
The BPFI Mortgage Approvals Report shows that 3218 mortgages were approved during Jan Feb and March 2017 .
The number of mortgages approved rose by 62.1 per cent year-on-year and by 13.3 per cent month-on-month.
The value of mortgages approved per month, on average, in the three months ending March 2017 was €664 million – a rise of 77.5 per cent compared with theh same period in 2016
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