The figure was down 321 on the same month last year, and is also lower than the figure for the previous month, banks said.
It is among a raft of new data that show the property and mortgage markets are under strain.
Restrictions on mortgage lending introduced by the Central Bank were cited by experts as contributing to the squeeze on new buyers and the decline in house prices.
The figures show:
• Property prices were down 0.5pc nationally in January, with prices in Dublin falling more than this.
• There was also a fall in the number of dwellings completed in the last three months of last year.
• The Central Bank said there was a decline of €227m in the value of loans for house purchases in January. This reversed an increase in mortgage drawdowns in the previous month.
• The number of house price transactions was down 13pc in the last three months of last year.
Read the full details in the Irish Independent
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