Irish - Last month December 2024
Mortgage repayments near Celtic Tiger levels as ESRI warns house prices may be overvalued by 10%
- On average, households spent 33% of their disposable income on mortgage repayments between July and October this year.
- It's the highest share of spending on mortgages that Ireland has seen since 2007 and early 2008.
- Year-on-year growth in property prices reached as high as 10% in the months of August and September this year.