Mortgage figures confirm market slowdown

FOURTH-QUARTER figures on the mortgage market provided further evidence the housing market here is in the grip of a serious slowdown.

Mortgage figures confirm market slowdown
Sat, 16 Feb, 2008 - 00:00
Brian O'Mahony

The Irish Banking Federation and Pricewaterhouse Coopers quarterly mortgage monitor show the total value of new lending was down 15% for the full year.

2006 was exceptionally strong, however, and the comparative decline against 2005 was just 1%.

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CourtsPlace: USPlace: IrelandPlace: ClontarfPlace: No 119Place: Howth RoadPlace: Clontarf CastlePerson: TaoiseachPerson: Bertie AhernPerson: AhernOrganisation: Irish Banking FederationOrganisation: Pricewaterhouse CoopersOrganisation: EUOrganisation: Construction Industry Federation
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