The number of mortgages approved rose by 57.5 per cent for the three months ending January 31st compared to the same period a year earlier, according to new figures published on Friday.
New data from the Banking and Payments Federation Ireland (BPFI) show approvals were down 10.1 per cent compared to the final three months of 2014.
The report notes that mortgage activity typically drops off in January of each year, with the drop-off in January ranging between 9.8 per cent and 16.2 per cent over the past four years.
Read the full story in the Irish Times.
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