Saturday October 31, 2020

Credit for house purchases declines again

Total credit to private households in Ireland for house purchases was down 2.4 per cent at the end of December, following a quarterly decline of 0.5 per cent, according to the latest figures from the Central Bank.

26th March, 2012

Total credit to private households in Ireland for house purchases was down 2.4 per cent at the end of December, following a quarterly decline of 0.5 per cent, according to the latest figures from the Central Bank.

This was the eighth consecutive quarterly decline, bringing the outstanding amount of loans for house purchase on the balance sheet of Irish resident banks to €80.4 billion. A fall of €17.6 billion during the fourth quarter of last year mainly...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago