First time buyers comprised almost half of the 11,500 home loans accessed.
There was a 41 per cent increase in mortgage draw-downs between July and September, compared to the same period last year.
Almost 11,500 were drawn down by borrowers in the third quarter of this year.
Latest BPFI mortgage data shows strong growth in mortgage drawdowns and approvals.
— Banking & Payments Federation Ireland (@BPFINews) October 27, 2021
Almost 54,400 mortgages were approved in the twelve months ending September 2021, valued at almost €13.5 billion.
Full report here: https://t.co/Xj4DWA4tWz pic.twitter.com/VTWnn3GpiU
That's up 19 per cent on the previous three months.
Brian Hayes, from the Banking and Payments Federation, says the latest trend is significant.
First-time buyers made up over half of the 11,500 loans.
The figure for Quarter 3 is also up 19 per cent on the previous three months.
Brian Hayes expects the trend to continue
.

€1.2m Approved For Zipline And High Ropes Adventure Centre At Donadea
Christmas Appeal To Adopt Dogs As Euthanasia Figures Rise
Speed Enforcement To Increase In Kildare With 21 New Camera Zones To Be Rolled Out In January
Over 400 Motorists Caught Speeding So Far Today, Including A Driver In Kilcock
Transport Minister In Discussions With Irish Rail About Extending Late-Night Trains Beyond Christmas
Tadhg And Mary Should Be Looking Forward To Christmas, Say Gardai As Fresh Appeal Launched
Bus Shelters Treated As Luxury Rather Than Standard, With 500 Kildare Bus Stops In Need Of Upgrades
Recruitment Announcements Don’t Add Up As Garda Numbers Stagnant In Kildare South, Says Local TD