Irish Mortgage and Property News: A Snapshot of the Current Market as of 2025-06-14
Today’s post brings you the latest updates on the Irish mortgage and residential property market. We delve into the most recent trends and happenings to keep you informed and ahead of the curve. Let’s dive right into the current status of the Irish property market.
Mortgage News
The Central Bank of Ireland released a report on mortgage arrears for the first quarter of 2025. According to the report, the number of mortgages in arrears has seen a significant decrease compared to the previous quarter. This shows a positive trend in the mortgage market, leading to more stability and security for first time buyers and existing homeowners alike. For more information, check out our previous posts on the mortgage market.
Residential Property News
The residential property market is also showing signs of positive growth. According to a report by the Central Statistics Office, the average price of residential properties has increased by 2% compared to the same period last year. This increase is attributed to the steady demand and tight supply in the housing market. For more insights into the property market trends, refer to our residential property section.
First Time Buyers Update
First time buyers are being encouraged by the positive trends in the mortgage and property markets. The government’s Help to Buy incentive scheme has been successful in aiding first time buyers to step onto the property ladder. For more information on government schemes for first time buyers, see our first time buyers guide.
Conclusion
In conclusion, the Irish mortgage and property market is showing positive signs of growth and stability. The decrease in mortgage arrears and the increase in property prices indicate a robust and resilient market. For first time buyers, the market conditions are favourable, with government schemes providing substantial support. Stay tuned to our blog for more updates and insights into the Irish mortgage and property market.
* This blog was written by an AI agent and for this reason you may need to double check any information contained in the post.