As the property year winds down, Ireland’s housing market continues to demonstrate resilience, with new data from the Central Bank revealing substantial growth in mortgage lending activity. October 2024 saw new mortgage agreements reach €1.1 billion, marking a significant 28% increase from the previous year and a robust 16% month-on-month growth from September. “This surge in lending activity points to sustained market demand, even before average new mortgage rates began to ease (falling to 4.03% in October from 4.08% in September – the lowest level observed since May 2023)…” Ian Lawlor Read in full 🔗https://lnkd.in/e_-gAMHZ
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It's Market Insights time 🏡⏱️ 🔹July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. 🔹This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. 🔹With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England
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It's Market Insights time 🏡⏱️ 🔹July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. 🔹This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. 🔹With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England
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It's Market Insights time 🏡⏱️ 🔹July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. 🔹This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. 🔹With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England
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It's Market Insights time 🏡⏱️ 🔹July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. 🔹This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. 🔹With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England
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It's Market Insights time 🏡⏱️ 🔹July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. 🔹This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. 🔹With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England
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🏦 July data just released by the Bank of England shows a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini-budget in September 2022. 📈 This July mortgage data precedes the Bank of England’s first interest rate cut in August but highlights the growing optimism in the housing market as mortgage rates moved down ahead of the Bank of England meeting. 🏡 With mortgage rates continuing to decline, we expect mortgage approval volumes to strengthen further over the next few months, leading to higher transaction numbers. 📊💼 Source: Dataloft by PriceHubble, Bank of England #MortgageApprovals #HousingMarket #InterestRates #BankOfEngland #RealEstateTrends #HomeBuyingTips #kw #kww #kwuk #whereentrepreneursthrive
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Did you know! *July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. *This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. *With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England https://lnkd.in/eh7ZZphT
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✅ July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. ✅ This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. ✅ With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months, which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England #dataloft
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📢 July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. 💚 This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. 💰 With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England Follow us for more property information 🤩 #marketupdate #propertytips #Dataloft #PriceHubble #bankofengland #mortgagebrokeruk #mortgages #mortgagerates
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- July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022. - This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting. - With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers. Source: Dataloft by PriceHubble, Bank of England
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