Mortgage debt grew by over €20bn in last four years

Banks accounted for €83.4bn worth of these mortgages while other financial institutions accounted for €22.5bn

There is a steady increase in home loan liabilities over recent years, from €85bn as of the end of 2020 to €106.7bn as of the end of 2024.

Irish households held debt to the tune of nearly €156bn as of the end of 2024 of which three-quarters was mortgage debt, new data from the Central Bank of Ireland shows.

According to the data, there is a steady increase in home loan liabilities over recent years, from €85bn as of the end of 2020 to €106.7bn up to the end of 2024. Of the outstanding debt, 75% was for home loans - a figure which has remained steady in recent years.