The number of mortgages approved in August rose by almost 15 per cent compared with the same month last year, new figures from the Banking and Payments Federation Ireland show.
A total of 3,964 mortgages were approved, with some 2,029 of them first-time buyers. Mover purchasers accounted for 1,202 (30.3 per cent).
The number of mortgages approved rose by 14.7 per cent year-on-year and declined by 0.2 per cent month-on-month.
The value of mortgages approved in August equated to €842 million, of which€428 million (50.8 per cent) was accounted for by first-time buyers and €293 million (34.8 per cent) by mover purchasers.
Read the full details in the Irish Times
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